hi its simple when you know how through a combination of know how a)  subdivision battle axe block create more titlesb) adding value  change garage into rooms add carportc)  add valuve new kitchen nee bathroom etc then revalue increases equityd)  use existing equity to purchase other investment property which multipliese)  buy a book on how to a…[Read more]

lenk gave great reply have off plan units in sierra grand broadbeach time of settlement july nx year i feel closer to completion you will make more profit but by the same token cover yourself and have bank funding in place in case your forced to settle

hi they are in queensland basically im loath to set up a loan has it would have to be low doc 80 lvr have set up fees then exit fees within 6 months est  10,000 costs i need short term funding has an alternativemartin

Qlds007 wrote:
MartinWhich State are they located in and what is the LVR.Any reason why you dont want Bank funding would be a lot cheaper.

Have 14 properties over 4 lenders 85 80 75 % lvr up to 2m leveraged

Liberty fin low doc 85% lvr 9.25% 80% pepper home loans 9.05% bluestone 75% all these are self mortgage insured outside ge to up your leveraging email if i can help further

quote:
You could get yields of 12% or more for decent places in Rocky only 6 months ago… are you talking up Rocky cos you’ve just bought there alwayslearning?

r

WISH I COULD HAVE GOT IN AT 12% YEILD RICHMOND I ENJOYED YOUR RECENT STATS ON ROCKIE AND YES I HAVE BOUGHT THEIR MYSELF AND SO HAVE SOME OF MY ASSOCIATES
STILL THERE ARE BARGAINS…[Read more]

quote:
Hi Alwayslearning,

I can see were you are coming from, but i see many potential investors, investing in QLD because of property housing there is still much more cheaper than, sydney and melbourne prices.

The average house price affordability in sydney is $460k, while many parts of Brisbane are, no were near those figures, i can see many…

[Read more]

quote:
G’day…

I think you are deluding yoursef in thinking youll make $10k prior to settlement… it will prove to be more like -$10,000 if my mail is any indication.

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages, Option Writing & Forex. [email protected]

Deluded and happy then….

six months ago i purchased 5 properties in…[Read more]

quote:
G’day…

I think you are deluding yoursef in thinking youll make $10k prior to settlement… it will prove to be more like -$10,000 if my mail is any indication.

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages, Option Writing & Forex. [email protected]

Deluded and happy then….

sim months ago i purchased 5 properties in…[Read more]

quote:
G’day…

I think you are deluding yoursef in thinking youll make $10k prior to settlement… it will prove to be more like -$10,000 if my mail is any indication.

Cheers

Bill

Bill O’Mara
Real Estate,Mortgages, Option Writing & Forex. [email protected]

I haoopve found that the smaller agents are usually more helpful they take a personal interest in you and offer a personal service i highly reccomend Ray hooper and matt lloyd up there

quote:
There are a few obstacles however Alwayslearning.

Firstly in order to borrow a total of say $ 4 M one needs an income of probably $ 400 K or even more (including rents).

One cannot hide from the latest lender that one has some $ 3 M or so in loans from other lenders as a Low Doc loan means that one normally would be required to provide a…

[Read more]

quote:
Hi everybody!

It’s very tempting for me to consider the following proposition which I may be in a position to do: Find a property that needs a facelift. Try to get 60 day settlement or more. Organize my renovation quickly and sell. In other words, a “renovation and flip” but you actually sell before settlement so you don’t appear as a…

[Read more]

quote:
Richmond

Rockhamptom – Brief overview

It is a City of some 60,000 people. It is the major city of it’s region. It is on the tropic of Capricornia, and about 30 mins inland from the the Capricornia coast Rockhampton has an airport which is serviced by Qantas and Virgin , with several flights a day.

Capital growth last ten years 1.7…

[Read more]

quote:
Hi Always Learning,

I was not knowing about this and it’s good to know about this.

Thanks for info!

[]
PropertyGuRu

Property guru

I originally thought capital gains kicked in after one year one day until a solicitor advised otherwise this would mean the longer the contract prior to settlement the time reduces to onsell to gain the…[Read more]

quote:
Hi Always Learning,

I was not knowing about this and it’s good to know about this.

Thanks for info!

[]
PropertyGuRu