Block of flats

[july]

I know that to finance a block of flats is generally considered a commercial loan. However, what if I purchase a block of 4 flats and buy three through the trust and one in my own name?
Is this a possibility rolf?? Just thinking about ways of purchasing the block without a commercial loan.
Thanks

 

[Rolf Latham]

Hi July

Much depends on where and what.

Generally four units on one title you can get through as a standard residential rates and 80 % lvr loan.

In the case you are describing of three and one, it sounds like you have separate titles anyway in which case its easy, use different lenders.

Ta
Rolf