Hi all,
Here are the details:
Price: ~$500k
Zone: B1Z
Location: Large regional centre
Building area: 120sqm
Land area: 200sqm
Only overlay is design and development as it is in the local CBD.
Looking at options of buying it and occupying myself it for business uses. Will most likely be different legal entities - i.e. 1 pty ltd owns it and leases it to 2 pty ltd but 1 and 2 are owned by me.
So just wondering what sort of % deposit I could get away with here please? The monthly payments arnt an issue but the upfront being as little as possible would be nice! Can I get 75% lend in this situation please?
Thanks
Ben
Here are the details:
Price: ~$500k
Zone: B1Z
Location: Large regional centre
Building area: 120sqm
Land area: 200sqm
Only overlay is design and development as it is in the local CBD.
Looking at options of buying it and occupying myself it for business uses. Will most likely be different legal entities - i.e. 1 pty ltd owns it and leases it to 2 pty ltd but 1 and 2 are owned by me.
So just wondering what sort of % deposit I could get away with here please? The monthly payments arnt an issue but the upfront being as little as possible would be nice! Can I get 75% lend in this situation please?
Thanks
Ben