Hi all,
Does anyone know of a lender who lend LOW DOC on the construction of 4 Units ($379k each) separate title - Loan amount $1,000,000 - End Value $1,510,000- LVR - 66%. Ideally without LMI cause we have Current LMI balances of $526,500 (GE) and $106,000 (PMI).
The units can be sold...