Lender for someone on low wage + centrelink

Discussion in 'Loans & Mortgage Brokers' started by weejimmy, 18th Mar, 2016.

Join Australia's most dynamic and respected property investment community
  1. sanj

    sanj Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    3,469
    Location:
    Perth
    in the past you could buy existing properties too but that changed a few years ago in WA.

    there has never been a chance of the buyer then subdividing though, that would be a nightmare. I think they would have to buy out the govts portion of the home first then they'd be free to do what they want with the property