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As they are not strata titled you can only go one loan on it. The deposit listed on the form is just a 'good faith' deposit to show you are a serious Buyer. This is different to the deposit that you will require with the bank. When talking with your bank/broker make sure they are aware that...

Good to see you have looked at tenants and hopefully the tenant ledger so you can ascertain all is correct. In terms of offer, how long has it been on the market. If you PM me the address I can do a price finder report on it which will show that and any price decreases etc. Don't worry I...

In terms of tenants, I would ask for vacant possession (this means no lease at Settlement) then ask them if they would like to have a new lease at the rate you want the rent to be. If you keep them on current leases then you can't increase it by much. Be very sure about the current lease...

What is the appeal of this site? You could get similar yield anywhere else in the same location. You could get similar sized/zoned sites in the same location for around $100k less if it just had one house on it You get something newer in the same location if you wanted 2 small units not on...