Advice please on homebuyers the builders in Western Australia Posted March 21, 2010 Decide if you want to buy property wholesale or retail. At retail you will pay a premuim and work through an Estate Agent. If wholesale then decide where you want to be in the property development cycle. The earlier in the cycle the more you will save but the higher the risk. Risk is only applicable when you don't know something you should know. Create a company and run your property development as a project using a commercial bank as a financier. Interrest is then capitalised and payable only at the end of the project. A commercial bank will only provide a 60% loan so you will need 40% own equity. A possible way around this is to find a property you can sub-divide; get own DA approval & BA approval- that will add instant value to the land and cover at least 20% of the original equity you needed. Contract the building experts directly (surveyor, civil eng, architect and Master Builders Assoc certified builders - there is a proven method how to go about it. This may then become your investment property instead while you rather rent in your preferred suburb. The taxman and tennant pays off the property. If you do you feasibility analysis you may find that the property is positively geared because a commercial bank will not give a loan if the net profits is not 20% So with a bit of homework can save a bundle :-) Have fun!