Total Members: 158,198

Vincent

  • Vincent replied to the topic Is it worth getting a second house? in the forum Help Needed! 15 years, 7 months ago

    Hi there.This is how I understand the process, correct me if I am wrong, Thanks!Bank Loan – $400k House price – $500k Stamp duty etc – $30kCome up with $100k for deposit to avoid Mortgatge Insurance. Now on the subject of Mortgage Insurance (MI), is it necessarily a bad thing? Everyone I talk to, try to avoid the MI and the extra costs etc, I…[Read more]

  • Vincent replied to the topic Help: Wealth Planning Advice needed in the forum Hi Richard,
    Thank you for
    16 years, 3 months ago

    Hi Richard,Thank you for your reply.The problem is that we never envisage going over to Qld to work and that we would have paid off the HP house in another 6 months as PPOR. What are the rough $ estimate to setting up a trust fund and benefits of trust structure in my situation? Can you provide some numbers for consideration as I am new to this…[Read more]

  • Vincent replied to the topic Rental accommodation for students in the forum Help Needed! 19 years, 8 months ago

    Hi MC,

    As a student renter from overseas before, I have since settled in Perth to work. As far as rent is concern, it’s a matter of when we have the money is when the rent is paid. Sometimes, we need a breather too when our car etc breakdown and need that rainy day money. Basically, we want to have a relatively peaceful time too, without too much…[Read more]

Vincent

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