Here to support your investment, even after the property is developed.
Should you find yourself in the position of wanting to sell stock on a completed property development, a residual take out facility can provide a window of up to 12-months for you to complete this transaction.
Many developers take this opportunity when looking to start another project, or if the original lender is separating from the arrangement. This facility can also provide the added opportunity to refinance your debt, or draw down additional funds to provide working capital.
Bayside Mortgages can advise on the best time and strategy to employ take out finance, so explore your options by calling 02 4423 6660 today.