I have existing home loan in a house that is tenanted. I want to expand in this project by building 2 additional units on site. I got plans approved and NHBRC registered builder ready.
I want to apply for a further bond in this property , my income as it stand it more the same as when i applied for first bond and would like for future income to be generated by future unit to be consireded. I have some funds saved up to put an additional deposit in the further bond.