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From: Mike .
Building vs Established
From: Michael
Date: 2/25/00
Time: 4:36:48 PM
Hi,
My wife & I own one IP and are looking to grow our portfolio. We are currently trying to decide whether to by an established property or take the plunge and purchase a block to build a couple of villas on. We aren't sure of the pitfalls of this or how to structure a loan to achieve it.
Our bank lent us 100% for our 1st property and expect the same second time around. Any advice???
Thanks, Michael
Building vs Established
From: Michael
Date: 2/25/00
Time: 4:36:48 PM
Hi,
My wife & I own one IP and are looking to grow our portfolio. We are currently trying to decide whether to by an established property or take the plunge and purchase a block to build a couple of villas on. We aren't sure of the pitfalls of this or how to structure a loan to achieve it.
Our bank lent us 100% for our 1st property and expect the same second time around. Any advice???
Thanks, Michael
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