Forum Replies Created
L & A certainly is alive and well in the Sunshine State.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Looks like the advertising has started up again.
Lisa were you connected with the organisation that took $17000 USD off a finance client of mine only for him to find that they ran off with his money. He didnt find out until the Bank did a revaluation on his property and to his dismay was told that the property hadn’t been rehabbed after all.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Not even sure who Luca is but there are many able brokers on the forum who can point you in the right direction
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
dan
Same story do you want to on or off the forum give us more details and hopefully we can point you in the right direction.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Must admit not sure if you will get 10% deposit in cash or cheque from your buyers especially if they are looking for a high LVR loan.
With regards to the deposit maybe not in Vic / WA but in Qld you can certainly have the deposit released to you if the buyer agrees or you make it a condition of the contract.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Must admit that doesnt sound right.
We do these sorts of deals all day long.
Do you want to on or off the forum give us some more details and we might be able to direct you accordingly.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Kate
We have helped many of Chad’s clients with finance in the US and can certainly recommend his service.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Simon
I guess if this is the only IP property you ever wish to purchase and are looking for the cheapest rate in the market warts and all then Wizard could be for you.
Personally i would use someone like Simon who can tailor make a product to suit your requirements now as well as in the future.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
If you want my 2 cents worth you are better at looking for an experienced local independant mrotgage broker who is a regular poster on the forum.
Someone like Steve at Mobile Mortgage could help you i am sure as he is only a good 5 iron away.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Which Countries are you referring to?
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Hi loan
I was born and bred in Bournemouth and still have a house over there. SE England prices are as high if not higher than London itself.
You can’t go far wrong in the right area in the SE although obtaining finance as a FN is just as hard as it is over here.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Hi Karen
Where in the UK are you and where in Oz are you coming to.
There are just as many scams over here as the UK so fear not.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Hi Mark
Steve Crane is a regular forum contributor and runs
Mobile Mortgage Market
Ph: 0402 483 216
[email protected]
http://www.mobilemortgagemarket.com.auThoroughly good bloke to boot. Give him a try.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
There are several plusests including both Asset protection and Taxation benefits of purchasing a property in the name of a Pty Ltd Company.
Normally it is done with the Company being the Trustee but again it all boils down to your own individual circumstances and requirements.
Cost wise you are probably looking at around $920.00 which includes the ACIS fee of $800 plus your Accountants fees for setting up the Company.
Before you venture into a Company structure think of the initial set up and ongoing costs and weigh this up with the benefits of doing so. For our clients many feel that a Trust structure with personal Trustees is often a more financial viable way to proceed in the early stages of investment.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Mark
Why don’t you get in touch with Chad Simons from Melbourne who is over there at the same time.
Chad has helped many of our clients with their USA properties and offers a great investment service.
In my opinion i like to deal with someone ethical in the industry who actually in interested in the client not just lining his own pocket.
Email him at [email protected]
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Hi Wake
Ok I can think of a few lenders off the top of my head that would do that. I guess one thing is getting the valuer to agree with your GR.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Hi Wake
What do you mean by 80% LVR. 80% of what GR ?
How many units in the subdivision. How small is small.
Many deals are done at residential rates it just depends on the size and experience of the person doing the development.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Not sure of all of the details but with a Pro Pack from the right lender you would have paid nothing.
If it is not too late post some further details and we can perhaps point you in the right direction.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
“The reason why i dont just go to a development financier, is because I am 19, they would laugh and tell me to get lost.”
Also they would not lend for an overseas project.
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
Dave
Are you referring to Land Subdivision or constructions of Units on the block?
What State and Council are we referring to as they will all differ?
Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
[email protected]Richard Taylor | Australia's leading private lender
