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During my property hunting I have found numerous areas were new properties can be built cheaper than buying existing properties & stack up with good figures for +ve CF.
My problem is that I am borrowing 100% and the ongoing interest costs on the draw down repayments while the property is being build & can”t be tenanted are out of my budget as a return is needed from day 1. Can this be achieved in any way that I dont know about.
Boardy
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