Thanks Richard.Would you be able to do the loan? What rate are we talking about and would I be able to refinance to a lower rate in a year or so?CheersBernard

Gday all.My wife and I are moving to Canberra in July this year and will be looking to get started in property. Looking for a do'er upper in the ACT. Is this meeting on every month? Week? Sounds like a great idea Cheers.Bernard

Bfree2live wrote:
Hi AndrewI built 4 units in Toowoomba (west of Brisbane) for $580K which included absolutely all fees, just to give you a bit of an idea.

HelloWhich builder did you use to get these done in Toowoomba? Im looking for a block there now.Cheers.Bernard

So is the 95% loan available for investment purposes or would it only be for your own property  to live in?Cheers

ezy.home.loans23320 wrote:
Hi I have been a broker for 4 yrs and I live in brisbane north side.I will be happy to help in any way .I can do many banks and non banks also lodoc and nodoc loans .Maurn [email protected][angel]

Your service sounds interesting. Ive been trying to send you an email re a loan inquiry however your mail bounces…[Read more]

Hi all,I too have a query about buying a 2nd IP and how to structure the financing. The question is for my wife and her friend who is a pensioner but currently owns an IP which she recently renovated in the Blue Mountains, nsw worth about $420k – $440k with about $250k owing on the loan. They recently finished built and sold a property early on…[Read more]

Gday,With No Doc loans is 75% the max lvr currently attainable? Is 80% low doc still around and whats the story with 90% no genuine saving history loans? We still need to provide financials dont we there?Im ready soon to purchase a block or 2 in rural qld and build a rental IP/s. Ill have a 25% deposit very soon but just wanted to know if there…[Read more]

Qlds007 wrote:
A lot of brokers would have no idea about how to do a multi unit complex.As Terry mentioned doing it lodoc maybe a thing of the past due to the recent mortgage insurance restrictions.In saying that with the equity you have in the property there are a couple of lenders who would do the deal as is but unfortunately the Dragon is not…[Read more]

Hello,Your Developers Edge website is not working. Just really interested to enquire about your services as we are starting another duplex project in 2009 in Toowoomba QLD.Thankyou.

sunseeker wrote:
HiI have a similar development cooperative project on the go here on Queensland Sunshine Coast.  A DA in place and eight residential 2 and 3 bdrm apartments aimed at those wishing to downsize without loss of amenity and space.  Detailed figures are available and contributors join the trust by depositing $100,000.00 each which e…[Read more]

Hi all,

With what Terryw was saying about new 85% Low doc loan with Rams, does the purpose have to be strictly for a residential property or can it be for a development or even debt consolidation etc?

Also what exactly would you need to provide? Having no ABN at the moment yet I have traded in the past this may suit me as I do have a property…[Read more]

Hi,

Thankyou all for the responses. No they are very much on the ball and Ill also be assisting with the managment etc. as I do have development experience however it is merely the finance they need to secure.

They are contacting a broker tomorrow to achieve some options however if they could simply have access to the equity say in my financee’s…[Read more]