Tripartite Agreements – a Development Funders worst nightmare.They are set to protect the lenders and the developers, by setting in placet he terms adn conditions as to how the relationship will move forward.IF the builder will not sign it, do not let them hold you to ransom. I have two projects under construction at present from a builder…[Read more]

Elkam,You have a couple of different options here – as I am experienced in international trade.I do not know what these companies represent.Nonetheless, you could speak to your bank here in Australia, and they may assist you opening an Onshore Foreign Currency Account. This means you transfer the funds to an account in Australia, with your bank…[Read more]

Chewboonhoe,Most developers offer up some of the blocks of land cheap to attract presales for the bank that is funding the subdivision. My guess is the developer in this instance believed the market was at a certain price, however when the properties went to market demand pushed the price up. In terms of property law, especially in Queensland you…[Read more]

Good afternoon,

All the major aggregators, FAST, PLAN and AFG all provide their suboriginators with a suite of equipment finance lenders, plus the opportunity to be accredited with each of the major banks for equipment finance. This is your best option…..

Thanks

Wade Greasley
Bluewater Financial Pty Limited
Residential and Commercial Lending Brokers

Crusader,

Can you give us some more details around the property, your expected value and the debt facilities secured against it.

I know of at least one major lender, who is willing to pay switiching costs for commercial finance refinancing over $500K. If this is you, then you may hae to pay for the valuation upfront, but would receive a refund…[Read more]

wrx928,

This is certainly a complex position, but unfortunately one that is not too uncommon. Before you embark on the purchase make sure you have some solid legal advice in your corner from an experienced commercial lawyer, as if it gets ugly and you are implicated then it will get very ugly.
An alternate strategy is to approach the Credit…[Read more]

LA,

For mine it really comes down to what your strategy is for holding your properties. If you are focused on long term asset accumulation and wealth creation a trust vehicle may help you. Whereas, if it is your intention to seek short term depreciation benefit and capital growth where applicable and sell trust protection may not be that…[Read more]

Viral

A solicitor will assist in any subdivision greatly. The key areas of influence they have is in the documentation required for the preparation of a Development Approval to go to council. They can access existed Deposited Plans, as held by the Lands Titles Office to ensure sewerage connection point, advise on any positive and negative…[Read more]

From a brokers perspective, they are working for you. Quite clearly, the broker wants to recieve positive feedback from you, and possibly referrals, so meeting your needs is a must for the broker. Do not think of it as applying pressure. Think of it as working together towards a common goal – yours. Lets face it by achieving your goal, you both…[Read more]

From what you have told us, it would appear that you are purchasing either a block of land and building, or purchasing a completed warehouse. The main focus for lenders is on the strength of the end lessee, and the terms of the lease. Most lenders with a lease will go to 70%, but if you are willing to pay a bit more (app fees and Int rate) you can…[Read more]

You are right in terms of land in residential built up areas cannot be sold without services being attached. It is a normal condition of the contract of sale that a sewer plan be attached, showing where the closest sewer connection is to your property. In addition the property must have access to town water and town power.
The reason why the…[Read more]

Jcon1,

This sounds like a good opportunity. You have most of the bases covered in terms of your pre project due diligence. I would consider council enquiries to be the first and most important piece. If they wont conisder a Development Application then the project would be delayed through concilliation. Next step is to run the numbers past your…[Read more]

In general terms would you like to just give us an idea as to what you have in mind. If you would be more comfortable, you may care to discuss outside the forum. However if you post your ideas within the forum you will have not only benfit of my advice, but the advice of others. Look forward to your response.

Wade Greasley
Bluewater Financial Pty…[Read more]

I know of a really good finance broker in Perth. Please make contact via email and I will provide contact details. THis broker will take the time to understand your position and direct you to the best solution.
Thanks

Wade Greasley
Bluewater Financial Pty Limited – 0414564743
[email protected]
Residential and Commercial Lending…[Read more]

I can help you with your feasibility template…
I am a commercial lending broker predominantly focused on residential and commercial developments. I have a simple excel model which I use. It also comes in handy to show lenders within proposal for finance. Always willing to assist.

Wade Greasley | Bluewater Financial Pty Limited
Mo – 0414564743 |…[Read more]

I concur with Richard……..
You must structure the funding to suit your own individual circumstances, and you can bet that your situation is different to everyone else here…..
Interest Only allows you to avail of applicable tax advantages, minimise the loan repayment burden, and allows you to take advantage of growth.
Make sure you talk to an…[Read more]

I thought this was someone who needed my help not an advertisement……..

Best of Luck

Wade Greasley
Bluewater Financial Pty Limited
Mo – 0414564743
[email protected]
“Discover the Bluewater difference”

I am with Qlds007, without added personal information and statement of position, it is difficult to assess your position.
Lenders use different repayment calculators to determine your serviceability for lending.
Would advise you seek a further opinon on your eligibility, so you are aware as to what exactly needs to change in regards to your…[Read more]