JAY BURSLE replied to the topic Boots and All in the forum Help Needed! 14 years, 8 months ago
Thank you everyone for your ideas.Banker – So if I get this right – I could realistically approach multiple lenders (perhaps two), thus sharing their risks. And with the seperate titles, I could perhaps go for lower deposit across the board, but most likely at a higher commercial rate on a few of them? The property contains two blocks of ei…[Read more]
JAY BURSLE replied to the topic Boots and All in the forum Help Needed! 14 years, 8 months ago
Thank you everyone for your ideas.Banker – So if I get this right – I could realistically approach multiple lenders (perhaps two), thus sharing their risks. And with the seperate titles, I could perhaps go for lower deposit across the board, but most likely at a higher commercial rate on a few of them? The property contains two blocks of ei…[Read more]
JAY BURSLE replied to the topic Boots and All in the forum Help Needed! 14 years, 8 months ago
Thank you everyone for your ideas.Banker – So if I get this right – I could realistically approach multiple lenders (perhaps two), thus sharing their risks. And with the seperate titles, I could perhaps go for lower deposit across the board, but most likely at a higher commercial rate on a few of them? The property contains two blocks of ei…[Read more]
JAY BURSLE replied to the topic Boots and All in the forum Help Needed! 14 years, 8 months ago
RichardWell that's bad news – that would clean us out once we worked in the costs. Bit of an irony when you look at the situation, but I really hate to lose my safety net. Seems like such a shame, when the this will be so clearly a positive earning opportunity. More info on the property if anyone else is interested. It is based in Darwin, a b…[Read more]
JAY BURSLE replied to the topic Boots and All in the forum Help Needed! 14 years, 8 months ago
SonyaThanks for that . I don't want to go shopping for finance as yet. When we purchased our first home, we had lots of hassles as with the advise of well meaning friends, we shopped around, and as a result had multiple queries lodged against us on CRAA etc, this reflected to the other lenders as unsuccessful applications, even though they were…[Read more]