Recent content by Winnie_W

Great idea cu@thetop cheers, in regards to paying for mentoring I assumed that would be a given as people are busy, including me. Possibly even an equity share of profits Westminster in regards to building, depends on the project and the terms of time and pre sales of house and land...

Hi All, I'm based in Perth and looking for a mentor who spealises in property development, starting with land subdivisions - preferably urban infill, Perth Metro. Specifically due diligence on 20 plus unit sites (so not competing with mums and dads who dont know what they're doing). Then...

Hi Euro 73, Thanks for the clarity on Mortgage House and it's also interesting to see that the NRAS product simply hasn't had enough exposure, so thank you for your posts, well informed. Mortgage House are very pro-NRAS as some of their own staff have interest in the product. 90% LVR and to...

Mortgage House Hi Reeco, "We" is in regards to our property development company, we simply have a good relationship with Mortgage House brought about by the lengthy wait (6-8 weeks) for our clients to obtain finance approval from a bank. Bearing in mind the new NCCP (National Consumer Credit...

Mortgage House Hi Euro 73, That's incorrect the money they make available is derived from a very large loan book of their own. Not the banks, they are a non-bank lender here is a number if you wish to conduct some due diligence of your own Mortgage House Principal - Robert James 0861402543...

NRAS Lenders Hi Euro 73, Thank you for your resarch in regards to lenders for the NRAS product, we also use a non-bank lender called Mortgage House. They're not a broker and actually have their own money to lend, affiliated with AV Jennings. Formal approvals can be made in as little as 14...

NRAS Property Perth I actually have access to NRAS approved allocations if you would like to view and compare to non - NRAS negatively geared investment properties. Depending on your combined income and purchase price of the property they generally come in as CF+. You can contact me via...

NRAS Perth There are govenment websites in which you can obtain plenty of information in regards to NRAS follow the link: www.fahcsia.gov.au/sa/housing/progserv/affordability/nras In true government style the website is as boring as bat .... informative non the less. As per the...

Thanks for the feedback and as you have guessed the land owner can't obtain finance to complete construction. The block is owned by 2 parties in a high end of town so once build is finished the property would be worth 1.5m - 2m depending on how much you spend on construction. Approx $600k for...

Let's say hypothetically that we are doing a joint venture with a land owner. The land owner holds the land and a second party wishes to fund the construction on the block. For this example its a single residential block and approval for single residential dwelling. Title is held by land...

Carly Crutchfiled Thanks for the feedback Rob and Mystery much appreciated. I'm skeptical about handing money over unless I can talk to students who have made money as a result of the course. I am in the process of approaching a few smaller entrepreneurial development firms to network...

Hi There, Has anyone done Carly Crutchfield's home study course which includes attending a bootcamp? More specifically has anyone used the creative finance strategies to put opportunities together? One of the most challenging parts for developments would be financing with very little of...