PropertyInvesting.com | ianderson | Activity https://www.propertyinvesting.com/members/ianderson/activity/ Activity feed for ianderson. Fri, 17 Apr 2026 16:37:47 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ef1acbf3c9155e854e4f949d8349dd1c ianderson replied to the topic 11.5% Yield on 50K property, need equity... in the forum Finance https://www.propertyinvesting.com/topic/4378106-11-5-yield-on-50k-property-need-equity/#post-4502863 Tue, 18 Jan 2005 11:46:25 +0000 sorry about that lovely signature,

Regards,

Ivan

0403 044 660

]]> 47dd453bf25bad248d637a8556bf40c6 ianderson replied to the topic 11.5% Yield on 50K property, need equity... in the forum Finance https://www.propertyinvesting.com/topic/4378106-11-5-yield-on-50k-property-need-equity/#post-4502862 Tue, 18 Jan 2005 11:42:48 +0000 Dear MM,

Responding to your reply last night:
________

It is easy to get a loan for this property if it is zoned residential and the town has 10,000 people. No mortgage insurance will apply if you have a substantial deposit. I would still like to know how much deposit you have before I can tell you which product is available.

I did a low doc,…[Read more]

]]> 2a9545016967ad6f997bd9b59c617d32 ianderson replied to the topic 11.5% Yield on 50K property, need equity... in the forum No Subject https://www.propertyinvesting.com/topic/4378106-11-5-yield-on-50k-property-need-equity/#post-4502855 Mon, 17 Jan 2005 13:44:05 +0000 Perhaps this excerpt taken from an email from my accountant’s mortgage broker will shed some light on the situation:

‘The finance we considered for you had to be under a “lo doc” scenario, as
you did not have two years full personal and company taxation returns. The
major stumbling block was the “mortgage insurer” would not recognise the
town as…[Read more]

]]> 028d857da9c0d89f3ae1c10c167730f2 ianderson replied to the topic 11.5% Yield on 50K property, need equity... in the forum No Subject https://www.propertyinvesting.com/topic/4378106-11-5-yield-on-50k-property-need-equity/#post-4502851 Mon, 17 Jan 2005 12:48:44 +0000 Thanks guys,

There is no problem with putting down a decent deposit, it’s the fact that I am self employed and cannot produce the required financials. Am currently speaking with a branch of my bank located in this town, hoping for a more desirable result.

Unfortunately as the banks don’t want to speak to me at this stage, I think my best option…[Read more]

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