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We have recently found a large (more than 1000 sq m) warehouse. We are thinking about splitting it up into smaller offices/warehouses and either sell or lease them one by one.
Who would finance such a project? Is it possible to obtain more than 85% loan?I think it would be difficult to obtain 85% if the building is presently vacant.
Richard Taylor | Australia's leading private lender
well, the warehouse has a tenant right now, but how would I start construction when they are still inside?
You wont and hence you wont get 85% LVR.
Richard Taylor | Australia's leading private lender
Viewing 4 posts - 1 through 4 (of 4 total)
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