Hi Corey
Thanks for the comment.

Can you please elaborate what you mean by “investor specific broker” and how can one help me grow portfolio the right way?

Thanks,
FXD

Recently I got quoted 4.70% for 3 years fixed IO
for LVR of 70% & 5 year left on lease plus options.

Rgds
FXD

Hi guys & girl
It’s actually loansaustralia.com.au I’ve only come across it from some free seminar videos recording and
the company seems to be specialising in growing portfolio size.

Cheers,
FXD

Wow low 4% for commercial what LVR are you talking about ?

Thanks
FXD

I am interested in knowing more about this company too if anyone has actually done any loans with them.

Appreciate sharing your experience and feedback.

Thanks in advance.

FXD

Thanks Terryw, I assume you mean for resi lending only, right?

Thanks Ethan!!!

Thanks guys all your comments help.

It seems the reliable way is to have lots of money to begin with (:-)) so you can buy multiple properties at low LVR
and even at 10% interest rate, they are all cashflow positive :-).

The other challenge that you have mentioned is that with the rental income the lenders will only take 65%-80% but will
any…[Read more]

Thanks guys.

I am not good at scoping or phrasing my questions well usually.

The main question to clarify is assuming I have sufficient equity,
will continuing buying of cashflow positive properties impact/reduce my
future borrowing power from the lenders’ perspective since all the
properties paying for themselves anyway.

Thanks
FXD

Thanks guys.

I am not good at scoping or phrasing my questions well usually.

The main question to clarify is assuming I have sufficient equity,
will continuing buying of cashflow positive properties impact/reduce my
future borrowing power at all since the properties paying for themselves anyway.

Thanks
FXD

Thanks guys.

I guess choosing the right tenant is the key here. However, I’ve seen many retail businesses suddenly
close shops without any tell tale sign even for some popular franchise brands.

Although by right outgoing tenant should (must?) find and re-assign the lease to new tenant in reality
how often does that actually happen?

Therefore,…[Read more]

Does anyone do lease doc with LVR at 75% or is 70% the max in the market?
How about lowest ICR?

Thanks
FXD

Does anyone do lease doc with LVR at 75% or is 70% the max in the market?
How abot lowest ICR?

Thanks
FXD

Ok thanks I always assume lease doc also implies
non recourse and vice versa.

Any idea anyone offers such product featuring both?
I assume the rate may be high even if it exists?

Thanks
FXD

Hi Terry, Corey & Benny

Knowing all of you guys are experts and having your responses here is very enlightening to further educate my knowledge.

So when I mean non-recourse loan, indeed I mean a product with the following 2 features:
1. lease doc based on property income only, I should have made that clear.
2. max LVR of 65% where in situation…[Read more]