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  • Profile photo of neiljoyceneiljoyce
    Member
    @neiljoyce
    Join Date: 2007
    Post Count: 4

    Hi All

    I have the opportunity to buy a house wholsale on a 40 day settlement with the right to go in and do the improvements before settlement.  Are there any funders/valuers out there that will come in and value the property when the improvements are complete (before settlement) and let me borrow on that.  I am having trouble finding someone to do this, but I believe it can be done. 

    Advice and recommendations would be greatly appreciated

    Neil

    Profile photo of redrabbitredrabbit
    Member
    @redrabbit
    Join Date: 2008
    Post Count: 2

    Find yourself a good mortage broker.  They will save you time and usually don't charge you.  If you have, or intend having a portfolio of properties they are as important as a good solicitor or accountant.

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Neil

    Hate to say in todays climate you will not find anyone on a residential basis.

    Last lender i was aware of doing that pulled out in February this year.

    Richard Taylor | Australia's leading private lender

Viewing 3 posts - 1 through 3 (of 3 total)

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