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I am aiming for short term gains in hope that it'll accelerate my acquisition phase and don't plan to depend on it as a bottom line but I get what you are saying. It's my understanding that an average real estate investor has to wait a couple of years before he/she sees usable equity from...

Thanks for all the replies, guys. I didn't realize that lenders ignore presales for resi developments and I am too cash poor to do a full-blown 4 unit project at this point in time. I was just trying to think outside the square :D Perth market is so hot that it would be foolish for me to...

By selling OTP, significant part of the construction cost will be born by the new buyers? Wouldn't their respective lenders be releasing money into the project as development goes on? Sorry, I am new to developments. I've a bit over $3.5k of usable income left each month. That can help with...

I am looking into doing a 3 or 4 unit development. Intention is to sell 2 of them as soon as they are done. End goal is a high-yielding asset and some profit on the 2 sold units. Can I sell them Off-the-plan as soon as I get a BA? Do OTP sales have to be arms-length as well? I've 2...