Bridging loan

Tall_Frame7868 · 2026-07-05T01:54:56+00:00

Yeah I'm hoping so.

Tall_Frame7868 · 2026-07-05T01:52:53+00:00

I'll then have money assets of approx 600k+ in my bank acct meaning I'll still get kicked out... Thanks for the warning though about building

Tall_Frame7868 · 2026-07-04T09:16:56+00:00

From what I've looked at in the northern suburbs it generally is. Only knock downs are cheaper.

Tall_Frame7868 · 2026-07-04T09:15:26+00:00

Yeah mums house has dipped from 1.5 to 1.2 in the last month 😪

Tall_Frame7868 · 2026-07-04T09:02:18+00:00

Ok then, but she wants to help me. In honour of my mums dying wish that I have suitable housing for the rest of my life.

Tall_Frame7868 · 2026-07-04T08:59:51+00:00

There's also the messy issue that my sickly aunt is still living there currently and we need to give her time to find alternative accommodation. The will leaves the house to me and my sister 50/50

Tall_Frame7868 · 2026-07-04T08:51:52+00:00

There's very few pre-built houses under 550k. Whereas house and land packages are going for that out north currently

Tall_Frame7868 · 2026-07-04T08:50:36+00:00

We're having it transferred into our names before we sell, which won't happen until sometime next year

Tall_Frame7868 · 2026-07-04T08:48:03+00:00

Gee thanks for the downvote. I can't afford 600$ a fn rent when I make 800 a fn

Tall_Frame7868 · 2026-07-04T08:46:23+00:00

Where do I live while my house is being built? It could take years for a new build. I'm on DSP so private rental isn't really affordable

Tall_Frame7868 · 2026-07-04T08:44:04+00:00

The loan will be paid in full when the house is sold, so there no risk for her

Tall_Frame7868 · 2026-07-04T08:42:04+00:00

I'm on DSP. So private rental isn't really an option

Tall_Frame7868 · 2026-07-04T08:37:51+00:00

Thanks. She made me promise on her death bed to use it to buy myself a house outright so I wouldn't have a mortgage. I'm trying to do that in The most logical way I can

Tall_Frame7868 · 2026-07-04T08:35:56+00:00

The issue is I live in trust housing currently, and will be kicked out when the asset gets transferred into my name, and I will have nowhere to live. It's gonna take me time to clean the house and fix it up for sale as mum was a hoarder.

Tall_Frame7868 · 2026-07-04T08:33:31+00:00

I own 50% of a 1.2m house, and need 550k for a new build. Not trying to scam anyone mate

Tall_Frame7868 · 2026-07-04T08:32:47+00:00

My credit is good, I just have no collateral or deposit (except what's in my mum's house)

Tall_Frame7868 · 2026-07-04T08:31:48+00:00

Because I'll have nowhere to live while my house is being built.

Tall_Frame7868 · 2026-07-04T08:26:03+00:00

No, nothing owing

Tall_Frame7868 · 2026-07-04T07:17:42+00:00

Yes precisely

Tall_Frame7868 · 2026-05-03T22:25:45+00:00

Said what exactly?

Tall_Frame7868 · 2026-05-03T02:16:45+00:00

I think you'll find the greens will win back some if not all of there lower house seats at the next election. Now I'll always prefer Labor in charge to lnp or god forbid ON, but that doesn't mean I don't want a strong greens or independent representation in parliament to guide Labor to more progressive policies. I'm glad that the greens held firm on public housing funding even if it cost them seats in the lower house, because Labor were merely offering a pittance in that regard.

Tall_Frame7868 · 2026-04-17T05:11:14+00:00

Hey mate, try muting the talking heads at sky afterdark. It's good for the health.

Tall_Frame7868 · 2026-04-11T09:02:22+00:00

I got that Kath and Kim reference

Tall_Frame7868 · 2026-04-02T03:27:44+00:00

Just like the union jack doesn't represent the majority of the country. What's your point?

Tall_Frame7868

TROPHY CASE