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LOE & Loan structuringPosEnterprises [115 Posts] Hi can any seasoned investors here help with explaining how to monitor a LOE and Loan structuring. I am looking for some mentoring or advice on how to control it all and wanting to build up a portfolio with a combination of shares and property. thanks for any assistance. Terryw [6491 Posts]  Hi Pos I think with Living off Equity you will need to set up some guidelines such as the maximum LVR you will ever go to. You will need to leave a buffer to allow for falling house prices occaisionally do valuations at least every year. Plan, early on, how you are going to keep on increasing loans too. eg. get an ABN and prepare for the eventual use of Low Docs even if you are PAYE. Also plan on how to maximise the deductibility of interest. Holding property in several different entities will help. Terryw   Qlds007 [4220 Posts]  If you are also looking at shares or managed funds tro compliment your portfolio then you will also need to look at margin loans. Whilst these may have a slightly higher interest rate over a secured loan against property they will free up extra equity and in most cases are done as nodoc loans. With both of the mortgage insurers having "cash out" concerns at the moment you need to maximise your flexibility. Cheers Yours in Finance |
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In The NewsAuctions - lonely affairs? The global crisis is creeping into the property market with auctions becoming lonely affairs and Melbourne clearance rates falling. No Housing Revival Just Yet! Auction clearance rates slumped again over the week-end leading experts to advise investors that they will have to wait another year for a revival in the housing market. RBA Slashes Rate RBA announces the biggest rate drop in 13 years - down 1%! Today's TipOnly 1 in 200 property investors owns more than 5 properties <more> Active forum topicsFirst Home Savers Account Author: prad_n Job Hunt in Property Development Industry Author: Takashi Who's OnlineTake The Test
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