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Reply: 2.1.1 From: Patrick Bruadair Thanks for the response folks. Helpful to know that 70% LVR is about the best I can expect, at least I can evaluate further on that basis. As you suggest TW, I'm also exploring the option of a joint venture arrangement with some acquaintances. many thanks...

From: Patrick Bruadair Does anyone know how much banks (or other financial institutions) will lend for small developments, as opposed to retail IP purchases. I have come across a pretty good 5-6 unit site with an old house, ripe for demolition. Price around $250,000 + purchase costs. Costs...