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HashChing is Australia’s first online marketplace allowing consumers to access great home loan deals without having to shop around. Completely FREE to consumers, HashChing connects you directly to verified mortgage brokers who can further negotiate a better rate from the lenders and save you time, hassle and money.

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kelvin

2 months ago

Hi Mark - To confirm your development servicing potential a broker will need to look at the income (and use any new rental) and liabilities. Have a chat to one of use and we can give you the overview of whats possible now and in what order some developments might happen. PS - there is always private funding if traditional funding is not viable, which I can advise on.

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Geoff

3 months ago

Hi Mark just home now if you click on my profile and ask me then I can work out what you can borrow as there is no income stated here in this initial question. I opened up Destiny in 2004 in Henley beach and worked with a no of clients like yourself over the last 15 years doing just this ..It is very much dependant on income and rentals existing and in the future so planning is essentail having a buiness as a property developer adds another layer to the structure .We have a client now who has bought a unit at Hove and turned it around in just over 4 weeks

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Mark

3 months ago

What sort of borrowing capacity would I have Geof based on the above

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Geoff

3 months ago

Hi I have a number of clients who have done this before and i have helped them through the issues that arise with subdividing ect

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