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The big lenders don't worry about that Terry but your smaller lenders and private funders definitely do. I had a $4.3 mil low doc style loan for a 15 unit development almost set a few years ago and the only problem was the unencumbered land was owned in the wife's personal name. The funders...

Not likely to be as easy / cheap as pre GFC ever. The lenders reluctance to this lending is one issue but even if thing loosened up the NCCP legislation also requires there must be reasonable steps to verify income ie some verification. Things like accountants declarations or %'s of...