PropertyInvesting.com | bbrumm | Activity https://www.propertyinvesting.com/members/bbrumm/activity/ Activity feed for bbrumm. Mon, 13 Apr 2026 15:22:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 31ee41b7daafa650cb57b34784086cc5 bbrumm replied to the topic Refinance to pay off renovation loan in the forum Help Needed! https://www.propertyinvesting.com/topic/4410893-refinance-to-pay-off-renovation-loan/#post-4816577 Fri, 11 Apr 2014 06:25:40 +0000 Hmm, I didn’t realise that I could combine the reno loan and the IP loan together.
I’ve spoken to my bank this afternoon, and the outcome is I’m not able to refinance due to my current LVR.
I borrowed at 95% LVR, and the bank has advised that due to their policies they need a maximum of 90% LVR for the new loan. It means that my property would…[Read more]

]]> 69f1f12a06ee24d8e1f1abd78dce984f bbrumm replied to the topic Refinance to pay off renovation loan in the forum Help Needed! https://www.propertyinvesting.com/topic/4410893-refinance-to-pay-off-renovation-loan/#post-4700313 Tue, 01 Apr 2014 22:04:34 +0000 Jamie – Thanks for the advice. I'll speak to my accountant and work out what I could do and what the most beneficial choice would be.
Richard – Thanks for the advice as well. That was my original idea, as I thought I could just add an extra amount onto the loan at the cheaper rate. However, I was advised by my mortgage broker that it's better to…[Read more]

]]> f24e3e7f817de6fda86ee7ef4549a457 bbrumm replied to the topic Negotiation with vendor in the forum Help Needed! https://www.propertyinvesting.com/topic/4410270-negotiation-with-vendor/#post-4696313 Fri, 22 Nov 2013 04:10:03 +0000 Hi rumrunner,

Thanks for the advice. I guess there's no point in going over what you believe is a good price, even if the vendor doesn't. Looks like you got lucky as the vendor changed their mind!

I was told the other day that the vendor had rejected my second offer with no counter offer. I told the agent that was as high as I'd go. So I'll see…[Read more]

]]> 4b313698dad961696e5742f41476b428 bbrumm replied to the topic Negotiation with vendor in the forum Help Needed! https://www.propertyinvesting.com/topic/4410270-negotiation-with-vendor/#post-4696311 Fri, 15 Nov 2013 04:47:43 +0000 Hi Jamie,

Thanks for the response. I thought that 280k would be an appropriate offer to start with, it's only a 10% discount from the asking price and there's always room for negotiation.

I'll see what happens with this one though.

Thanks

]]> 8365724f7f59e7373d0e9b909acc55d3 bbrumm replied to the topic First IP - inspections in the forum Help Needed! https://www.propertyinvesting.com/topic/4409934-first-ip-inspections/#post-4694320 Mon, 02 Sep 2013 11:27:16 +0000 Thanks for the tips everyone! I've started looking up places that meet my criteria and I'll be heading along to my first weekend of inspections (and auctions soon after) to see how it works. I've got a checklist for inspections so I'll take some of those along.

]]> 0585a41114b461f5e3ef615a5b53866a bbrumm replied to the topic Harm in making an offer via email BEFORE an official offer? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409439-harm-in-making-an-offer-via-email-before-an-official-offer/#post-4691388 Thu, 08 Aug 2013 05:22:04 +0000 Cattleya wrote:
Emails can be changed, for example you can make changes before you forward / print it. Email address can also be fake and some email addresses are from free accounts like hotmail, etc. If it is on paper, you have address, name and signature. Plus nobody can make changes without somehow damaging / leaving marks on it. This is also…[Read more]

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