Hello PT Group
I am wanting to borrow to relocate two houses on my section. I am confident that the high street banks will not lend for a relocatable in our situation (one has turned us down flat - the other one we deal with is 'considering' our situation).
Pertinent Details... Our cash-flow is very weak, we are just about covering our outgoings. However we do have a huge amount of equity. By relocating these two houses we should have excess positive cash-flow from the two rental incomes. Therefore we are considering approaching Resimac as a last resort if high street banks won't lend us the money...
Please share your recent experiences with Relocateables or with Resimac...
Any advice offered from your personal experience with Relocateables or Resimac is very welcome!
Thanks
Happi
I am wanting to borrow to relocate two houses on my section. I am confident that the high street banks will not lend for a relocatable in our situation (one has turned us down flat - the other one we deal with is 'considering' our situation).
Pertinent Details... Our cash-flow is very weak, we are just about covering our outgoings. However we do have a huge amount of equity. By relocating these two houses we should have excess positive cash-flow from the two rental incomes. Therefore we are considering approaching Resimac as a last resort if high street banks won't lend us the money...
Please share your recent experiences with Relocateables or with Resimac...
Any advice offered from your personal experience with Relocateables or Resimac is very welcome!
Thanks
Happi
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