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  1. D

    Construction finance

    Hi I was referring to apartments. However I do have the option to build the apartments strata titled OR townhouses on seperate titles. The apartments have a higher profit margin however it could be worth knowing about the townhouse option if it is more realistic! (were you thinking...
  2. D

    Construction finance

    Units Hi Thank you for your responses. I have a block that can be developed into 12 units. I have a mortgage at 80 Lvr on the land. The commercial loan with capitalised interest sounds like my option - but can I still do this with 80 lvr on land? Would the commercial rates be say...
  3. D

    Construction finance

    Hi Can anyone offer information on how construction finance works for building units please? I have heard you can borrow 60% of the construction costs (which I assume means you need 40% of the construction cost in equity or cash??) Can you still get compound interest (to pay no interest...
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