PropertyInvesting.com | cham_chuan | Activity https://www.propertyinvesting.com/members/cham_chuan/activity/ Activity feed for cham_chuan. Fri, 17 Apr 2026 17:19:42 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 a18595f87274d5eaffa237201a384ae1 cham_chuan replied to the topic First IP loan structure in the forum Finance https://www.propertyinvesting.com/topic/4407769-first-ip-loan-structure-2/page/2/#post-4678624 Sun, 04 Nov 2012 12:35:27 +0000 Terry
My question is
How would ato know what Adam used the money for
When we borrow money from the bank for a property as a PPOR, ato really don’t care what we do with the money(I assume?)
So, my imagination is… Before Adam buy his new PPOR, refinance first and make is owing bigger…
Can this work?

]]> 1feb66e230415cdf0127c8c9fbf62390 cham_chuan replied to the topic First IP loan structure in the forum Finance https://www.propertyinvesting.com/topic/4407769-first-ip-loan-structure-2/page/2/#post-4678622 Sun, 04 Nov 2012 11:27:17 +0000 Hi, guys
I read all the questions and answer
And I have a maybe silly question
For tax purpose
Can Adam refinance his current PPOR and make the loan look bigger

315k*80%=252k or even more… Then Adam will have cash in hand to buy his new PPOR
And from that time Adam starting to use his old PPOR as new IP
So the 2 loans are very clear and also…[Read more]

]]> 9cfd33862c3bf861c0e1461094f04046 cham_chuan replied to the topic Loan structure... Please give me your opinion in the forum Help Needed! https://www.propertyinvesting.com/topic/4408020-loan-structure-please-give-me-your-opinion/#post-4680386 Sun, 04 Nov 2012 08:53:51 +0000 Hi, Tom Thank you for your reply The reason I'm thinking about taking out 100k was in case I see something a bit over 300k My question now is If I take out say 60k against my PPOR and start looking for an IP I find something around 350(including legal) I will then need 70k from my PPOR to avoid paying LMI Is that fair to say if I take out more…[Read more]

]]> 1b4676e5b99a369e925bad5482adf16f cham_chuan replied to the topic Loan structure... Please give me your opinion in the forum Help Needed! https://www.propertyinvesting.com/topic/4408020-loan-structure-please-give-me-your-opinion/#post-4680384 Sun, 04 Nov 2012 00:26:59 +0000 Hi, Derek
great opinion…. breaking things into small… that's what I need to learn 

you guys are so helpful…. Thank you

]]> a5891915144b258d25d0edd8c05158a6 cham_chuan replied to the topic Loan structure... Please give me your opinion in the forum Help Needed! https://www.propertyinvesting.com/topic/4408020-loan-structure-please-give-me-your-opinion/#post-4680381 Sat, 03 Nov 2012 23:50:28 +0000 HI, Derek
Of course you knew I was kidding
hahaha….. 

and thank you for the advice for the ownership…. I was actually thinking also need to consider capital gain as well…. 
Am I too ambitious? 

Quote :

 If you truly believe you can achieve your goal then you should give serious consideration to setting up some form of trust structure so…[Read more]

]]> 0f4e5b6f132dc5e45aa94db64911a81e cham_chuan replied to the topic Loan structure... Please give me your opinion in the forum Help Needed! https://www.propertyinvesting.com/topic/4408020-loan-structure-please-give-me-your-opinion/#post-4680380 Sat, 03 Nov 2012 23:42:32 +0000 Thanks, Terry
How much LOC would I be able to take out generally speaking?
if i plan to apply for 100K, would i be be paying LMI even I don't use it?
you are saying by getting LOC on my PPOR ,and leave the IP loan stand alone… 
am i right by :
when I spot a property, I use my LOC to put down the deposit 
use the pre-approved loan for my IP
and…[Read more]

]]> e4856dc57348a6b1c3979e6d2bb32f9d cham_chuan replied to the topic Loan structure... Please give me your opinion in the forum Help Needed! https://www.propertyinvesting.com/topic/4408020-loan-structure-please-give-me-your-opinion/#post-4680378 Sat, 03 Nov 2012 23:31:35 +0000 Thanks Jamie
What other factors would i need when considering the structure?
yes, we are hoping to get to 100 property in 3 years…(quote from Steve)

]]> ece60aa8b78ddc29f1cb83b7320cb035 cham_chuan replied to the topic Loan structure... Please give me your opinion in the forum Help Needed! https://www.propertyinvesting.com/topic/4408020-loan-structure-please-give-me-your-opinion/#post-4680375 Sat, 03 Nov 2012 17:54:29 +0000 Repost it again… Sorry something went wrong

Hi, everyone
We are seriously thinking of doing property investment
I have done some study but never seem to be enough
I wonder if anyone would help me and point out what you would do different if you were me
Thank you

My current situation
Income: husband. 120K/year (approx)
Wife(me) 0 (could be…[Read more]

]]> 15c4ad218ebe45f02e77f7dbd1bd3fbd cham_chuan replied to the topic Question about 2nd mortgage and mortgage insurance in the forum Finance https://www.propertyinvesting.com/topic/4408002-question-about-2nd-mortgage-and-mortgage-insurance/#post-4680209 Wed, 31 Oct 2012 23:38:07 +0000 Thanks Qlds007
You have been so helpful

]]> c8fb320ea0cb164351c824140b9f8f9c cham_chuan replied to the topic Question about 2nd mortgage and mortgage insurance in the forum Finance https://www.propertyinvesting.com/topic/4408002-question-about-2nd-mortgage-and-mortgage-insurance/#post-4680206 Wed, 31 Oct 2012 12:25:38 +0000 Thanks James Bond (QLD007) for the warm welcome
Your answer gave me a new question, what is the difference to secure with ppor or ip?
As far as I know, whatever I borrow for ip from my ppor is also seen as the buying cost
So why is it better to use ip rather than use some from ppor to save LMI ?
Sorry if I sound stupid cos I’m really new
Thank you

]]> c9d19cc151a89fa487be516d2e6fdf21 cham_chuan replied to the topic Question about 2nd mortgage and mortgage insurance in the forum Finance https://www.propertyinvesting.com/topic/4408002-question-about-2nd-mortgage-and-mortgage-insurance/#post-4680204 Wed, 31 Oct 2012 11:32:58 +0000 Thanks Jamie
I’m so happy to hear that…

At the same time, if anyone could advice me use 2nd mortgage and just pay top up for LMI are better or pay LMI on the investment property itself is better.
Will they be different from tax aspect?

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