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  1. Pa1nter

    Building a new house on LOC

    No that is just lockup,however that includes site costs of approx 25,000 ,septic system etc.Resort range,with the painting taken out. If it was built in sewered area,it would be a lot cheaper. I was going to buy sewered area this year ,however a bargain came up. I am not building in the...
  2. Pa1nter

    Building a new house on LOC

    Not sure how they do it.I think maybe a buffer account to cover a payment in case one is missed?
  3. Pa1nter

    Building a new house on LOC

    I chose Dixon homes because they are doing a steel frame house, solar hot water,1.5 KW solar power on roof,237m2 house 2700 ceilings,4bed 2 bath double garage,28m2 alfresco finished for under $200,000, Throw another $20,000 to finish, Possible $400 -$420 week rent. They use to blow out on...
  4. Pa1nter

    Building a new house on LOC

    Hi, I have a question about building a new IP house with a LOC. We built a new IP house two years ago and just used a normal home loan,where the banks paid the installments as they become due. Last year we built with a smaller private builder and just using out LOC,I was able to pay the...
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