Structuring for Commercial loan

Hi Guys

All the responses we are getting so far is that we have to go for commercial lending with at least 30% deposit.

Now other thing got to know that commercial lending cannot be done under personal names- it has to be trust or company.

Now it opens many other questions for us-

For trust- as losses cannot be…[Read more]

Hello Terryw

Bit more info on the property we are looking to buy- all the units are have their own strata titles, will have separate contract of sale for each unit, but will be sold to one party at once time only as units do not have body corporate- is this possible to go for separate lenders?

Cheers…[Read more]

Thanks Terry, yes its one sale of contract.

one of the lenders already offered financing of 4 units with 30% deposit.

Cheers:) Kamal

Thanks Richard, I have emailed you back.

though we already have our residential property and 1 investment property- I have come across first time that residential property might also need commercial lending. What is the purpose of financial institutions to treat it commercial?

By end of all, question to all investors- is it worth to pay high…[Read more]