Thanks Steven for your response. Am I correct to assume that a valuer also can value a house plan to work out the equity portion. Am I correst to say that it must have council approval first before the valuing is legit. What happens if the intention to build is not fullfilled due to circumstances?…is ther any penalty or is this practice…[Read more]

Buzzell, Luci,

Thanks for your response. I live in the Ryde area and this duplex with strata titling have been banned since 1998. Is that not the case in all NSW? I checked with the council and they say I can only build the duplex under one title. That means when I sell I have to sell the whole lot which limits my clients options. Not many…[Read more]

hello…any experience with duplex building there??

Apart from normal loan is there any loan where you can borrow in US dollars or Japanese yen. Any one here knows of any foreign loan that one can take? Just interested to know if there is such thing!!

Thanks all for your suggestion, I am still pondering on the best type of loan I should take…obviously the cheaper the rates the better. Still factoring 9-12 months to sell due to current climate (maybe a bit too conservative) but better be prepared for the worst. Most of the banks says I should take the bridging loan….obviously…!

Another…[Read more]

I think I will be selling and rent….since it is cheaper to rent at the moment. At the same time keep a look out on some good property or wait until this market drops. I think I wiil be creating a company to run my show cos I am sick of paying taxes….more room to expense off everything under the sun……I worked all these years and seemed to…[Read more]