Need advice asap!!!!!!

[simbi99]

Looking for some advise from some fellow investors, here is the situation.

I have a $370,000 pre approved loan with a $350,000 buying price
Im looking for a property with an existing house i can keep and renovate but also subdivide and build on the property, to sell both relatively soon after development.

I live in Melbourne, Victoria and was wondering where are some suburbs i can look into for this property I've hit a bit of a snag???????

 

[D.T.]

Deal of a lifetime comes by once a week mate, just keep an eye out.

 

[Jamie_]

Looking for some advise from some fellow investors, here is the situation.

I have a $370,000 pre approved loan with a $350,000 buying price
Im looking for a property with an existing house i can keep and renovate but also subdivide and build on the property, to sell both relatively soon after development.

I live in Melbourne, Victoria and was wondering where are some suburbs i can look into for this property I've hit a bit of a snag???????

What suburbs have you already looked in? to say you need advice ASAP!!! as if there is a deadline is pretty missleading, especially when all you've done is narrow it down to one state
What happened with this area you mentioned earlier?

I am looking at subdividing in the Frankston city council area in particular Seaford (VIC) I've done my research on the councils view of developments and it seems as though they are welcoming developers with welcome arms in terms of approval to develop is there anything to suggest otherwise?

 

[The Fence]

I suspect it's a case of laziness and wanting everyone to point out the good deals to waltz into.

Like I said earlier, simbi, extract the digits and get cracking on your research like the rest of us had to do.

 

[Jamie_]

http://www.realestate.com.au/property-house-vic-frankston+north-118008435
buy this, it fits all of your criterias.

 

[Ace in the Hole]

Relax.
There won't be much happening over the next couple of weeks, so you won't miss out on anything.
You won't think straight and make good decisions if you rush into things with no experience.
Take it slow.

 

[Terry_w]

"asap" on Christmas eve for something like this?

 

[Rolf Latham]

I have had peops needing to buy on Christmas day.................... we are all different.

ta
rolf

 

[Jamie_]

I have had peops needing to buy on Christmas day.................... we are all different.

ta
rolf

There is a difference between having a property lined up, with an offer in for example, and not knowing where your going to purchase.

 

[Jamie_]

Relax.
There won't be much happening over the next couple of weeks, so you won't miss out on anything.
.

Don't listen to him!
buy http://www.realestate.com.au/property-house-vic-frankston+north-118008435
or
http://www.realestate.com.au/property-house-vic-frankston+north-118703795

 

[Terry_w]

I have had peops needing to buy on Christmas day.................... we are all different.

ta
rolf

True. Could be a last min present.

 

[Ace in the Hole]

Don't listen to him!
buy http://www.realestate.com.au/property-house-vic-frankston+north-118008435

Nice find.
The agent...I mean house, looks a bit tired in that pic.

 

[Jamie M]

Deal of a lifetime comes by once a week mate, just keep an eye out.

Agreed.

No need to rush - it's xmas. Relax.

Cheers

Jamie

 

[datto]

Extracting the digits? lol.....more like a fist!

 

[SK Investments]

I found a good one near Geelong but I'm not sharing it yet.

Is that your Frankston property you keep plugging Jamie_?

 

[Jamie_]

I found a good one near Geelong but I'm not sharing it yet.

Is that your Frankston property you keep plugging Jamie_?

You got me mate....
Op posted he wanted frankston
i typed frankston in and linked second property from RE.com.au lol...

 

[DaveM]

Its not a bad suggestion, 924% of houses in Frankston are subdividable

 

[Qlds007]

Relax lol just come off a Skype call from a forum client in Dubai who got an offer accepted yesterday and we are doing the application before i have Xmas breakfast.

 

[Qlds007]

Relax lol just come off a Skype call from a forum client in Dubai who got an offer accepted yesterday and we are doing the application before i have Xmas breakfast.

 

[Scott No Mates]

Urgent Reply

I have a $370,000 pre approved loan with a $350,000 buying price
Im looking for a property with an existing house i can keep and renovate but also subdivide and build on the property, to sell both relatively soon after development.

I live in Melbourne, Victoria and was wondering where are some suburbs i can look into for this property I've hit a bit of a snag???????

It's Christmas - plenty of oldies hang out for particular events, dates or birthdays etc. The holidays are one such event - be on the lookout for oldies who have passed on ie deceased estates.

'Tis the season to be jolly