All Topics / General Property / Deposits for Blocks of Units 20% or 30%??

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  • Profile photo of JustinmGJustinmG
    Participant
    @justinmg
    Join Date: 2020
    Post Count: 0
    February 7, 2021 - 4:17 pm

    Hey Guys,

     

    Does the strata title vs single title on a block of units effect the deposit required.

    Can you do a block of regional units at 20%.

    .

    • This topic was modified 3 years, 10 months ago by Profile photo of JustinmG JustinmG.
    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    February 7, 2021 - 9:51 pm

    Yes as if separate titles you could finance them with different lenders.

    and it will depend on how many units.

    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

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