G'day all
First time posting and looking to extract some of your knowledge and I hope this post is in the right category.
I'm looking to build a house, and the cost of the build will be approx. 500k.
A few questions below -
What's the process of building a house?
How much cash/deposit do I need to make this happen? (I currently have 10%)
Will the bank lend me that much?
Apart from LMI and Stamp Duty, do I need extra cash for anything else?
Appreciate your time
Thanks
Vanny
First time posting and looking to extract some of your knowledge and I hope this post is in the right category.
I'm looking to build a house, and the cost of the build will be approx. 500k.
A few questions below -
What's the process of building a house?
How much cash/deposit do I need to make this happen? (I currently have 10%)
Will the bank lend me that much?
Apart from LMI and Stamp Duty, do I need extra cash for anything else?
Appreciate your time
Thanks
Vanny