PropertyInvesting.com | Corwyn | Activity

Corwyn replied to the topic Family Trust Structure Question in the forum Help Needed!

Tue, 08 Nov 2011 07:44:33 +0000

Hi guys,My thoughts on the Trust issue is, being literally in discussions with some banks on finance, they look straight through empty trust structures to the Guarantors. This situation has changed quite a bit since the GFC and may have been more lenient when Steve wrote the book.I think the only way to avoid this may be looking at more low doc…[Read more]

Corwyn replied to the topic is it common to buy a property for private sale with no conditions? in the forum It really depends on your

Tue, 25 Oct 2011 10:06:12 +0000

It really depends on your bank. If you have a good relationship, have provided all the stuff they'll want to make the assessment, they should be able to do so. But if it's really complicated, high LVRs requiring valuation etc.. you could struggle with 3 days.

Corwyn replied to the topic Vendor Finance aka Rent to Buy in the forum Finance

Tue, 16 Dec 2008 11:05:05 +0000

Thanks for the advice guys.

Corwyn replied to the topic dodgy property in nice area in the forum My mother always said

Wed, 14 May 2008 08:19:24 +0000

My mother always said Location, location location… oh and the other one is, buy the worst house, in the best street.

Corwyn replied to the topic Using equity to buy property in the forum Help Needed!

Wed, 14 May 2008 08:16:14 +0000

PPOR = Principal place of Residence, its primarily a tax related term which will decide whether or not you pay capital gains tax (CGT) – another acronym, when you sell the property… I am not a tax adviser, but in general you don't pay CGT when you sell your PPOR.LVR = Loan to Value Ratio its basically your loan amount divided by the property…[Read more]