Thankyou Ryan and Richard for your comments – much appreciated.Richard, I notice you're in Qld but do you have clients you work with in Sydney?  If so, we would definately be interested in getting some expert advice from you regarding our current situation and, more importantly, our future goals.   Or, can you recommend anyone in Sydney we cou…[Read more]

Hi Simon,Thanks for your reply….    We would be looking at living in our PPoR for approx 10 years – so is this considered short or long term?Cheers, Boshie

Thankyou to everyone who has replied….   The knowledge is invaluable…We are still doing the finishing touches on our PPoR and as soon as this is done we will look at refinancing.   We are hoping to get enough equity to put a 2nd level on top plus have enough to give us a good deposit on our 1st IP and only have to lend 80/85%…Thanx to Foun…[Read more]

hi duckster and marc,thankyou so much for taking the time to explain…   i appreciate every bit of help i can get…    

so this might seem crazy… but what (if any) facilities are available for childcare in the mines…     Our PPoR is on Sydney's northern beaches but we could easily rent it out for around $600pw.  We have 2 boys – 4 mths and 22 mths, so they are both really young, however i'd be more than happy to do some hard yakka for a few years providing…[Read more]

hi nina,congratulations on being sooo determined…   where there's a will, there's a way !!!I, like you, am in a similar position.  We have 2 small kids and I am not working at the moment, however I will be starting up nightwork in the near future as this wont cost anything in childcare.    I am a restaurant manager so I can go back to doing…[Read more]

hi terry,thankyou so much for your reply…   we will look at whats available with our current lender and hopefully take it from there…    if it's going to get us started do you think it's worth "wearing" the higher interest rates of a low doc loan?    and do you think it's better to go for an 80% lend as opposed to say a 95% lend?    I'm a…[Read more]

Thanks Richard for your reply..     We are both REALLY keen to get started and we figure there's just GOT TO BE A WAY !!!If anyone could recommend what we can do to get started it would be greatly appreciated…   Our situation is this:-  have a $505k mortgage currently owed on our PPoR-  PPoR valued at around $700k-  currently paying P&I (am happ…[Read more]