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Would you have a rough guess as to the amount of cash / equity we may need to make it happen? And is the 80% borrow of Fixed Contract Price + Land Value the most commonly used, and best borrowing formula for this type of loan? Many thanks, Clint.

Thanks heaps Terry. Yeah well I'm glad i put the thread up. Definitly should've put up something about 3 or 4 months ago. Is the feeling, that we should take a couple steps back, put aside our our 18-24 month timeframe, set up some structure and then re-purchase and pay stamp duty again...

Hey Rolf, Do you work out of Brisbane very often? Or do you have someone in Brisbane that you would recommend i make an appointment with? Clint.

Are you saying that if a builders fixed price contract was $1.1m And we paid $500k for the land. That we could borrow 80% of $1.6m OR $1.28m. Minus the $530k we already owe on the land and our maximum borrow is $750,000? Also, i understand our structure is less than ideal in terms of asset...

Sorry as for equity. The 2 properties we own together are borrowed to just over 90%. I'm hoping to sell everything i own on my own and come up with between $100- $150k, and Matt would need to match that amount. Best case scenario we could come up with approx. $300k within 18months...

NAB Holds the Debt across all the properties. And are you saying that now, we just do the development as 2 individuals and it is what it is? My knowledge of trust / company structure is extremely limited. Regards, Clint.

Hi guys, This is probably going to be quite long, so I apologise if its massive, but i'll try to give you all as much information of my situation as possible so that any advice which you have for me is as relevant as possible. My situation is that I'm currently employed full-time as a...