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Hi Dave I would start looking at comparable sales over last 3 months in the area for 3x2, this will help when it comes to sourcing finance. Make sure you have a good broker, I know my broker has sourced 95% for some of his clients. All the best MTR:)

I have heard good reports about Danmar, but never used them. Hope it all works out for you. All the best MTR:)

I see, did not think of that, yes agree they charge a pretty penny

All I know is that Dave had to build in two stages, there was no other way he could do it, that's why he went down this road, he pm me about this. At the time I thought it was not a great idea, similar to what you are saying, I don't like staging a deve like this, not cost effective etc...

Sanj I think Dave's issue was he could not fund 6, not enough equity from my understand??

Aaron So you basically just continue building the rear as was the original plan. I think this could create a world of pain, unless I have it wrong. Dave is totally dependent on the value of the rear properties (3) so he can finance the front (3). I don't think the banks will take too...

I am pretty sure this is normal. I know investors who get pre-approvals for commercial loans for his developments and extends when necessary. I was also sourcing commercial loan and given same info. I don't like BA who have PM model as part of their service, especially when the client is...

Hi Tano I am not concerned where the broker is located I use Shahin Elite for all my business. Location is not an issue, I need to have the right broker who gets the deals over the line its irrelevant where they are located. Cheers MTR:)

Dave What a pain, is there anyway around it with Council, have you tried to meet with them on this. I just sourced a resi loan for 4 townhouses, there are lenders that now do 4, I do suggest you contact a few brokers for their advice. Elite Finance, Shahin from SS is who I use. Also if...