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Hi Richard, what are the approximate LVR's and interest rates going on these deals at the moment,,,,, in particular for a 4 block in the $1.5M region? (ie what did you get from SGB).

Thanks guys and congrats Richard on cashing in! Will look further into the SGB comments as I seemed to hit a stumbling block however will re-visit and reach out if any further questions...

Top man! ;)

Shahin - ok understood... Thanks a lot for the advice :) So getting a line of credit of some sorts per what I described above would be ok as a seperate loan... Just not combined/mixed as I know it can get messy.

Also, you said don't do redraw before shahin,,,, am not sure I fully understand? I will be using equity from current property as 20% deposit on proposed purchase, this would be ok if standalone seperate loan with current bank, not say cba using current scenario....

Easy to redraw/revalue with cba down the track if value goes up/renovation?

Hi shahin, would like to do 80%....

If I was to purchase a block of say 4 in a trust would this make the lending more difficult? I am thinking Disc trusts should be relatively ok for most lenders however Hybrid trusts? Still not sold on them and not 100% I would use one but interested in others thoughts/advice?

Recent change of Policy at SGB says they will not do 4 units at resi rates, commercial only... Or maybe I was speaking to wrong area? Lowish 4's is where I would like to be especially given the $ amount. Thanks for heads up on other points. Have never cross colateralised at this point.

Also, current lender said 3 would likely be ok.... More 4 is the issue.

The LVR is not of too much concern for me it is more the rates as I want to avoid commercial rates - ideally I would like to stay with my current Bank as have a very good rate in the low 4's but alas might have to look further afield.. Suggestions of current Banks? (probably not NAB at this...

Interested to hear others experience with regard to finance for smaller block of units/dwellings say 3 or 4? I am looking at purchase something like this however have found the major Banks I currently deal with seem to have become stricter.... Problems/queries I have: *Rates - able to get...