Just wondering if anyone does this? We did this for our last development for construction costs of 6 townhouses, bar the last 300k which we got private funding for. Thinking of doing another similar and just using cash for the buy and construct costs. Can source the funds from other entities or offsets. Question is, if offset accounts are only giving a 5% return and you could get 15 or 20% for the same cash for a quick development, is there anything wrong with that? It's basically self funding isn't it, without having to go through the hassle associated with finance, especially involving construction and progress payments, valuation's, etc.