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Rolf, I've never heard of such thing before and haven't considered a trust. Is it something you'd recommend to look into and set up accordingly? I'm having a quick read up on it now.

Thanks very much for the information Shahin_Afarin, I contacted Rams and they will do owner builder as long the contract is from a licensed third party, which it is. I'm surprised there aren't many other lending institutions or banks who lend to builders with companies.

Thanks for the advice guys. I might book an appointment with them to see if they'd like to do business. I also read St George do low doc loans, do you know if they'd do construction low docs? And when you say 80%, will that mean in my case value of property minus mortgage?

Hi everyone, I have a property close to Parramatta I'd like to subdivide and build a duplex on, the property would most likely be valued at $850k and I have a $360k mortgage owing on it. From my research, duplexes in the area are fetching up to $900k and by the time my project is complete...