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Once you have the plans, building tender and DA then order an upfront valuation and see where you stand. From there you can calculate how much funds you need.

You can theoretically get 95% on a 3 unit site but LMI would be huge $30k-70k depending on LVR and loan amount. LMI aside the bank would question why you are doing a 95% or 90% lend and whether you have adequate funds to mitigate risks associated with that size and type construction. If you...

Short answer yes but as mentioned they need to sit on separate titles.

If it was easy then everyone would be doing it.

Based on the figures you have provided I think you will need around $457k cash and this is no including holding costs as this is separate. This is an guesstimate based on the following calculations: End valuation $960,000 (the bank is going to take the lower of the land plus construction or...

So let's say you are constructing 4 villas and they are worth $500,000 each if you were to sell them individually. That would give you a total of $2,000,000. So when you do the finance under residential lending this is how people think the valuation is done, i.e. how much they are worth...

Depends on if you are talking residential or commercial lending because deposits and process with differ greatly. You are most likely talking about a project that would fit with residential lending. If thats the case then your biggest issue is going to be the valuer valuing the units in a...