Hi Everyone,
I've been with NAB for few years now and so far so good, i buy land build and sell townhouses, im a small builder/developer.
Problem that i have is i do everything to reduce my income on books, so if i build 3 townhouses i leave 1 for myself and that way there is no profit on books, but i have it in the assets, so if i sell it one day i will pay whatever i have to pay, but at this stage i don't pay much tax and NAB always gives me hard time approving the loans, so far i have no rejections but it does take a lot of time and a lot of paperwork to go through.
What im after is a bank/broker that can approve me quick Loans as Low Docs or similar, i've got plenty of assets and i don't borrow more then 80% also i dont mind higher interest as im only going to have short loans.
If you know any landing authorities that would deal with me please let me know who they are.
Thank you
I've been with NAB for few years now and so far so good, i buy land build and sell townhouses, im a small builder/developer.
Problem that i have is i do everything to reduce my income on books, so if i build 3 townhouses i leave 1 for myself and that way there is no profit on books, but i have it in the assets, so if i sell it one day i will pay whatever i have to pay, but at this stage i don't pay much tax and NAB always gives me hard time approving the loans, so far i have no rejections but it does take a lot of time and a lot of paperwork to go through.
What im after is a bank/broker that can approve me quick Loans as Low Docs or similar, i've got plenty of assets and i don't borrow more then 80% also i dont mind higher interest as im only going to have short loans.
If you know any landing authorities that would deal with me please let me know who they are.
Thank you