All Topics / Help Needed! / How to Raise Capital for buying land

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of CSI 1CSI 1
    Participant
    @csi-1
    Join Date: 2007
    Post Count: 5
    March 1, 2007 - 11:22 am

    Does anyone have any advice in how i would go about borrowing money to buy land. If i was wanting to buy some presale land in a development site, in which i had to pay $100,000 for the land, yet could not build on the land for 12months, and i had to pay the money upfront, what is my best options for borrowing this money, if i didn’t want to use the equity in my own property or cross collateralise ?
    M

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    March 1, 2007 - 1:26 pm

    You can borrow against the land. I think there are even some 100% loans out there for land.

    Terryw
    Discover Home Loans
    [email protected]
    Send an email to get my newsletter.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.