If it is all the same i would prefer to deal with a Licensed Private lender with full AFCA membership rather than a broker.

Cheers

Yours in Finance

If it is all the same i would prefer to deal with a Licensed Private lender with full AFCA membership rather than a broker.

Cheers

Yours in Finance

If it is all the same i would prefer to deal with a Licensed Private lender with full AFCA membership rather than a broker.

Cheers

Yours in Finance

If it is all the same i would prefer to deal with a Licensed Private lender with full AFCA membership rather than a broker.

Cheers

Yours in Finance

No not true on that combined income.

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Yours in Finance

Hi Wan

I think you are confused as there is very little difference between lenders when it comes to servicing post Royal Commission.

Credit Unions and Building Societies are often more restrictive than more traditional lenders.

You are better off get the loan structure set up correctly from day 1 to give you flexibility down the…[Read more]

Hi Quyen

Yes sure is.

Flick me an email at loan@ascf.com.au with some details and i can have one of our BDM’s come back to you with some specs of the product.

Cheers

Yours in Finance

This is incorrect. All properties are sold either via Auction or Private Treaty.

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Yours in Finance

As i mentioned you will need to look regularly at the various Receivers website.

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Yours in Finance

Not sure where you are looking for Receiver sales, We took one to Auction last week in Vic. Cor Cordis were appointed and was sold on the day with multiple bidders. Each Receiver has their own listings and most are available listed on their website.

Trust me if you have $2M in cash you are in the mix with many other developers, investors…[Read more]

As a Private Lender we sell a number of properties thru Sheriff Auctions or Receivership sales.

All Sales are sold by way of Auction so being a cash buyer wont help you as all contracts at Auction are cash sales.

Rather than buy the property itself you could always look to assign the mortgage and that way you take over the debt and can maximise…[Read more]

We are a private lender based in Brisbane and specialise in development funding.

Course lvr, rates etc will depend on a number of factors but i can certainly get one of our BDM’s to touch base with you when you have your first deal scenario.

Cheers

Yours in Finance

Could always look at a SMSF Rent to buy option if you dont have enough to put down 30% deposit and Security Trustee costs etc

Be surprised how many of these we are now doing where the SMSF has limited servicing from the members income (i.e self employed etc) or security location not sufficient.

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Yours in Finance

Your hold an AFSL i assume ?

Can you give me the number.

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Yours in Finance

As Terry mentioned sounds like a fairly straightforward deal depending on a few things.

Currently rates in the high 4’s out there with lvr’s to 80% so has become competitive again with a few lenders.

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Yours in Finance

Wouldnt work for renovations but we do a lot of these deals for borrowers where they can’t show servicing as it is done on a Rent to Buy basis (or Lease Option).

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Yours in Finance

Regretfully not.

Qld, NSW, ACT only due to demand.

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Yours in Finance

Welcome aboard John.

Hope you enjoy your time with us.

Cheers

Yours in Finance

Of course with every investment you need to ensure the firm you are dealing with are fully licensed.

With a retail mortgage fund like http://www.ascf.com.au you get exposure to a pooled mortgage fund which is ASIC regulated and approved and has a fully Retail AFSL, ACL and insured. Also members of AFCA.

Many Wholesale Funds do not carry the same…[Read more]

No problems.

Cheers

Yours in Finance