Complex scenarios with great outcomes
A broker facilitated a financing strategy for a seasoned property investor by leveraging their principal place of residence (PPR) to secure a loan. This enabled the investor to acquire a new investment property with the intention of subdividing it. After obtaining a Development Application (DA) and separate titles for the subdivided lots, the investor plans to sell the lots.
- Borrowing amount: $487k
- Location: Acacia Ridge QLD 4110
- Security: First Mortgage
- Loan Term: 6 & 12 months
- Exit Strategy: Sale of property
At Funding, they are transforming short-term finance and investments with solutions that anticipate and meet your needs.
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