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Usually subdivision occurs after construction. The reason for this is that before subdivision can be undertaken all essential services on the land have to be put in like sewerage, driveways etc, which wastes time and holding costs if you are not building the units as well. It can work like Paul...

You will be able to get 80% of hard costs or 60-65% of final value (minus GST) for commercial funding. So it is potentially possible but you would basically need to a) presell enough units to cover the entire land+build debt and b) probably put more cash into the deal via offering one of your...

There's two types of construction finance - residential and commercial. Presales are usually required for commercial finance (i.e. usually 4 or more units being built) to cover the debt but this can be waived if the client is strong enough and/or the debt is low. For commercial interest is...