Benny Qld replied to the topic Using land as collateral for construction in the forum Finance 10 years, 6 months ago
Thanks guys, i guess that means back to the drawing block again for me as this may take up more money than i initially budgeted!
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Benny Qld replied to the topic Using land as collateral for construction in the forum Finance 10 years, 6 months ago
Thanks Terry. On point 1, how does the bank assess 65% of completed value? Would a Development Approval and architects plans be sufficient submissions to the bank?
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Benny Qld replied to the topic Should I use a Trust or a Company? in the forum Legal & Accounting 10 years, 6 months ago
Thanks Jamie will do.
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Benny Qld started the topic Using land as collateral for construction in the forum Finance 10 years, 6 months ago
Dear all,
Would aporeciate your kind inputs on the case study below. There are 2 parts to the question so please contribute any information or experiences you may have had.
1) I have purchased a piece of land worth $1million with the intent to develop a 10 unit apartment block (correct me if im wrong but this would have to fist pass zoning…[Read more]
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Benny Qld started the topic Should I use a Trust or a Company? in the forum Legal & Accounting 10 years, 6 months ago
Dear friends,
This is my maiden post and would like to thank any contributors to my query. I have lived in Australia before but am now based overseas. I have a few investors who wish to invest in property development opportunities in Australia and would like me to run it on their behalf. I have done preliminary research and have come to the…[Read more]
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Benny Qld became a registered member 10 years, 6 months ago
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