Recently found a great little studio apartment for sale, that was perfect, until i tryed to get financing.
Was not aware of how difficult it is to secure finance for properties under 50 sqm in size!!!
Why is it so difficult?
Anyone know of a finance product/bank (pref. I/O LOC) that caters for this size property??
What is it about these types of properties that banks dont like to touch???
cheers, Jacob.
Was not aware of how difficult it is to secure finance for properties under 50 sqm in size!!!
Why is it so difficult?
Anyone know of a finance product/bank (pref. I/O LOC) that caters for this size property??
What is it about these types of properties that banks dont like to touch???
cheers, Jacob.