All Topics / Finance / Dual Key Properties

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  • Profile photo of Bradley73Bradley73
    Participant
    @bradley73
    Join Date: 2006
    Post Count: 1
    February 18, 2007 - 8:17 am

    Does anyone know of a lender who will finance dual key properties in Gold Coast highrises? And at what LVR?
    [glum]

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    February 18, 2007 - 8:29 am

    Yes a few lenders will finance such a property dependant on:

    1) Size of the property
    2) The type of management agreement in place.

    i.e Does the property have to be placed in the management pool.

    Dependant on the above information will determine what LVR you will get.

    Cheers

    Richard Taylor
    Residential & Commercial Finance Broker.
    Licensed Financial Planner. Ph: 07 3720 1888
    [email protected]
    Looking for life cover – We Guarantee to beat any quote you have in writing.

    Richard Taylor | Australia's leading private lender

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