Browse Forums Home Finance Re: Can you borrow $ short term to build investment property 9Sep 02, 2010 10:31 pm travelbug Firstly to sell in 9 months you will pay double the CGT that you would pay if you sold after 12 months so I'd avoid that. I'd use a line of credit if I wanted a quick sale at the end. Money can come out, go in anytime. No limits on time.Buy place, sell, put money back, repeat. Would the 50% discount on CGT apply to a purely investment property? We'd love to get an investment properly in the next 6-18 months and need to starting learning about the best way to do it too (somersoft is very useful!) We are funding our PPOR build using a line of credit, only because we don't need much to pay off the construction, but lots of flexibility for other things like landscaping, furnishings etc that we can pay off very quickly. The main problem I'd see with using a LOC to build an investment property is having enough equity to get a sufficiently large lOC. T&T Knockdown and rebuild - building Metr1con Nolan 41 (43) @ http://tim-and-tina.blogspot.com! http://www.verdantdental.com.au If you are in Victoria you have a statutory right to your own building inspector regardless of builder's consent. No negotiations are required. However the builder will… 1 2937 Hey everyone Not for me or anyone I know, just generally interested. For a single allotment house, are you allowed to take the fence on both sides of your house and… 0 20889 |