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What sort of title’ing do large (ie highrise) inner city apartment complexes use? Eg – big developments in southbank, docklands etc – what sort of title are they?
Just curious, not trying to hijack!Hey guys, great topic good feedback
im actually considering the same sort of deal at the moment, and my main concerns are :
at what point in the building process, do we start having to make mortgage payments? ie – if the builders lease commences from the day its turn-key ready, will there be a period before this where we are paying mortgage payments and getting zero rent?
my other concern is what happens when the good rental income ends and regular tenants move in at a reduced rate and the shortfall goes up..but this is an obvious one!
–EDIT–
sorry guys 2 secs of research answered my own question !
[exhappy]