Up to 80% Low Doc Commercial loans. Possibly slightly higher. Gst may also be financed for a short term, if this is needed for settlement.
VERY FAST Approvals.
For purchases only.
Clear tax portal
DO NOT need accountants letter.
These low doc commercial loans are:-
and require MINIMAL PAPERWORK.
With commercial interest rates starting to trend lower there has been a move to purchasing high yielding commercial properties.
One of the keys to successful commercial property is the tenant. The tenant is the cash flow. established businesses that have strong financials are preferable to start up businesses. Of course a govt tenant or national brand is generally more secure.
Cash flow is the key.
It’s all about about the cash flow.
Here is a commercial property scenario
Note this is a guide and guide only.
Purchase price $1.25m
Govt costs and misc $65,000
Total cost $1,315,000
Deposit of 25% say $313,000 plus $65,000 for costs. Total outlay $378,000
Borrow 75% say loan is $937,000. Assumption is deposit is borrowed on a residential property, say $378,000
Interest on $1,315,000 at 5.5% is $72325 pa
Building showing 8% yield say $100,000
Approx. net income flow is $27,6750 pa
With longer commercial leases the commercial property purchase may be safer.
Commercial properties in major metropolitan areas are normally more sought after than regional commercial properties.
The above is a scenario only.
It is not investment advice.
It must not be relied upon as personal legal, financial or investment advice.
No consideration has been given or will be given to the individual specific investment objectives, financial situation or needs of any particular person.
All property investing is subject to both profit and loss and may not be suitable for you.
Past performance is no guarantee or reliable indication of future results.