Are there any lenders that will look at 6 units on the one title?
Property is in Abbotsford and but we keep being told the maximum number of units is 4 – the refinance is about 65% of the value of the property. Any advice?
There definitely are lenders that will look at a 6 unit site. They aren’t likely to be household names. I have clients doing developments of 10, 29, 5 and 3 at the moment in Melbourne.
Are they already completed and sub-divided?
The valuation will likely be a key factor
Let me know if you would like to discuss further?