https://www.propertyinvesting.com/members/investment-mortgages/activity/ Activity feed for Investment-Mortgages. Sat, 11 Apr 2026 22:55:44 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 180f4096b9e49569b19d693982b585a1 https://www.propertyinvesting.com/topic/4403446-which-banks-instituions-give-finance/#post-4646598 Sun, 24 Apr 2011 03:28:35 +0000 Fairly straight forward-Find a qualified mortgage broker(like a few on these forums) you are happy to work with and let them go to work for/with you.They do it day in day out, may as well leverage that experience.Personally i don't worry where the money comes from (which bank) as long as it keeps coming!

]]> 1b588f5089074394b8253948fa6daf57 https://www.propertyinvesting.com/topic/4402816-how-do-we-determine-the-real-value-of-your-property/#post-4642120 Sun, 24 Apr 2011 03:18:10 +0000 Well said angelinsydneyShort term gain for someones else's pain is far from worth it.As for buying and renting back to original owner, having a professional property manager would be a good way of separating the relationship a little and keeping it professional to minimise the risk of sour feelings?? Third party to handle payments also takes away…[Read more]

]]> b0f44d7a002ade08fbe7a7117c9098c3 https://www.propertyinvesting.com/topic/4403313-broker-gone-mad/#post-4645660 Tue, 12 Apr 2011 12:25:05 +0000 Not knowing your situation fully, its a bit fuzzy.Its not always said very often however it does need some thought, – The current economic climate.If the house prices are stagnating it could be worth thinking about P&I.( ever so slightly pay some down)If the prices were growing fast you would not hesitate to go IO as the growth in prices with earn…[Read more]

]]> c33c19731a2ef70c33767ad209574e71 https://www.propertyinvesting.com/topic/4398989-benefits-of-cross-collateralising/page/2/#post-4618473 Wed, 21 Apr 2010 08:23:25 +0000 Hi BankerWell said.You are correct. That would be a good example of the 5-10% of the time it might be a better choice of finance structure.

]]> 26e63b897e9ff18641659733345949a6 https://www.propertyinvesting.com/topic/4399606-refinance-to-payout-2nd-mortgage-vendor-finance/#post-4622715 Tue, 20 Apr 2010 11:38:51 +0000 All depends on the usual suspects-, personal circumstances. Income amount & type, equity, credit worthiness….. Let any of us know if they need specific quotes etc.

]]> 4715e3847cda12c16ed8b9d1704c6107 https://www.propertyinvesting.com/topic/4398989-benefits-of-cross-collateralising/page/2/#post-4618471 Tue, 20 Apr 2010 10:02:44 +0000 What a topic to get people talking!Its got to be a 90%-95% sure thing CC isn't a great idea with most people. If your excuse is extra paperwork-YOUR LAZY.Banks are finance institutions, they make money from lending money, not necessarily helping you grow your portfolio. They are only interested in making margins from loans and having more…[Read more]

]]> 9b0504819f8fd3950e33b1b1dfa8ca35 https://www.propertyinvesting.com/topic/4399161-looking-for-a-good-mortgage-broker/#post-4619624 Mon, 22 Mar 2010 21:26:55 +0000 HI RishiThe popular brokers on this forum are pretty good as you may come to figure out.Just always use a broker that has enough turnover you will not get biased results with them trying to for fill the minimum loan writing requirements with certain banks. Some smaller brokers may not for fill these easily.

]]> bd0fe2504dd20b3134758c7a5de5049a https://www.propertyinvesting.com/topic/4399045-cashflow-positive-new-homes-nras-allocations-in-adelaide/#post-4618862 Fri, 19 Mar 2010 07:57:16 +0000 Hiisnt this a finance forum?

]]> 04242ad1f1d2e1e35b4a1b7152558670 https://www.propertyinvesting.com/topic/4398556-invest-assured/#post-4615922 Tue, 02 Feb 2010 11:11:32 +0000 Surely this is rubbish.Its even been optimized for keyword densityCalling moderators…..

]]> cd3a13325f608e669d988f2cb4d0e7d8 https://www.propertyinvesting.com/topic/4398470-how-should-i-buy-an-investment-property/#post-4615322 Wed, 27 Jan 2010 09:48:38 +0000 I think it is also worth doing a worst case senario also.Protecting your assets is just as important as building them up.Do few examples,The Investment property is unrented? Who pays the gap?You lose your income? Who pays?Your parents hit a pothole? How are they covered?The place burns down? Will insurance cover?Im in no way being negative, you…[Read more]

]]> 3dab3b0ca4f9de6c83a8cc098c0f8399 https://www.propertyinvesting.com/topic/4397932-best-way-of-negotiating-a-cheaper-price/#post-4612006 Sat, 05 Dec 2009 01:17:14 +0000 Research Research Research.Once you have found an area and a location in that area you will start to know which properties are high priced or low priced.You are then positioned to negotiate the best "bargin" and effectively buy at a discount to the market.You make you money on the way in(buying) not on the way out(selling) by way of creating an…[Read more]

]]> fd9c577c46f3b8d49b157a462d2adc6e https://www.propertyinvesting.com/topic/4397997-is-it-ever-worth-paying-down-any-property/#post-4612480 Sat, 05 Dec 2009 00:40:20 +0000 Yes agreed with DucksterThe banks wish for you to pay your loan down(reduce their risk) and then it becomes harder to release that equity to move forward(Especially in the current tight credit market!!!!)Offset accounts are great if you are savy with your budgeting and your loans are partly or fully floating rates. Fixed rate loan interest…[Read more]

]]> c8d6131e233baa0c6edc6b09730538dd https://www.propertyinvesting.com/topic/4398000-appealing-a-valuation/#post-4612489 Sat, 05 Dec 2009 00:19:31 +0000 HiThere isn't really anyway of appealing it.Only advice would be to get your own independent valuation, if this is considerably higher, send that and your other supporting evidence to the original valuer and maybe ask the bank to get another valuation done by someone else.Although its clearly never going to be admitted the banks(LMI's) control the…[Read more]

]]> af455b568e96a8f0ab49bc98f34d0277 https://www.propertyinvesting.com/topic/4397963-using-surplus-mortgage-to-use-as-a-deposit/#post-4612328 Sat, 05 Dec 2009 00:10:25 +0000 Hi TremeloHow was the original amount borrowed? Equity? Line of credit? Same bank for both properties?Your broker should be able to devise a way of structuring it correctly.No 1 rule= Avoid cross collaterisation 99% of time.

]]> 53734334d6259d183bfc6a333c03ec5a https://www.propertyinvesting.com/topic/4397887-help-needed-starting-out-in-the-finance-game/#post-4611747 Fri, 04 Dec 2009 23:52:35 +0000 WowThere are some really great ideas there. And some different ways to go about ways already working on.Real estate agents are not always very lucrative however as mentioned above, finding the "right" agent is worth the time and effort.  Some one who is ambitious and motivated, knows what they are talking about!Very good strategies. Well done to…[Read more]

]]> 9f5e39aed5cf5cc763a8d533537b8f5a https://www.propertyinvesting.com/topic/4397921-fixed-or-variable-that-is-the-question/#post-4611969 Thu, 03 Dec 2009 10:12:03 +0000 Sorry-forgot to say, bookmark the link if you like, We watched it as the rates were coming down and it was very close in the predictions…The fixed wholesale rates are generally the cost of the banks funding and they forecast what they think the rates are going to do.If fixed is heading up, the floating will follow. With the fixed rates all…[Read more]

]]> 0e27e63affaf53ae1b9da0f15da2cb43 https://www.propertyinvesting.com/topic/4397921-fixed-or-variable-that-is-the-question/#post-4611968 Thu, 03 Dec 2009 10:06:27 +0000 This chart is updated daily i believe.http://www.asx.com.au/data/trt/ib_expectation_curve_graph.pdfThe only way to look at fixed rates is to monitor wholesale rates.We knew a few investors who got the 5 year fixed at it lowest point…..Its now not really that cost efficient to fix as the averages are far too high above the floating rates. HOWEVER…[Read more]

]]> 2496beca18483f926898cec374ec00f0 https://www.propertyinvesting.com/topic/4397981-low-doc-loans-to-80-without-lmi/#post-4612410 Thu, 03 Dec 2009 09:50:59 +0000 They all seem to want BAS statements so far.(which in turn pretty much makes it a full doc…..) We need the cycle to gain a bit more momentum so the banks will ease up some.There are one or two No-Doc loans(with fairly high lvr's) still available i think.

]]> c8e00d21856d587741aa91c3a2350e2e https://www.propertyinvesting.com/topic/4397444-newby-investor-finance-structure-confusing/#post-4609985 Tue, 06 Oct 2009 10:52:49 +0000 The results program is well recommended, i cannot personally say i have done it however know investors that have.The newer you are the better lessons you will learn. It doesn't matter when you start it matters that you actually ACT.(which sounds like you are)I think there is actually a forum about education and many reviews on various programs…[Read more]

]]> dfd1f045c9a9f8cc0a31c105a70d9b2d https://www.propertyinvesting.com/topic/4397319-which-loan-should-i-go-for/page/2/#post-4609360 Tue, 06 Oct 2009 10:46:01 +0000 Yes all above is great advice,Clients that have been in the property cycle for a while as Richard and Terry would attest to, use borrowed money to borrow more(more investment property) ensuring it is all tax deductible.Like Richard said everyone's situation is different however interest only  is usually the best option to free up cashflow and…[Read more]

]]> baa9e96563f19c919d58c306049dc466 https://www.propertyinvesting.com/topic/4397325-finance-for-a-service-station/#post-4609376 Thu, 01 Oct 2009 09:18:22 +0000 Also you mention you have property, maybe drawing equity from them is cheaper in the long run,Higher LVR's, Line of credit etc…..(proving income now for loans while you don't own the station now could be an idea assuming you have a stable income stream now?) then the money is yours to go ahead with your venture?

]]> 67634e6a0908f9ff8dbf707ed85db537 https://www.propertyinvesting.com/topic/4397325-finance-for-a-service-station/#post-4609375 Thu, 01 Oct 2009 09:15:16 +0000 Yes depending on the location the banks generally view this as medium to high risk,hense the rubbish LVR.  Remember to have a well documented business plan (even written out by your accountant preferably)when you approach the bank. If you have other past businesses that have kicked goals this will weigh up for you also(add these in).Approach the…[Read more]

]]> f75cbbdd02c33a81f0df2260aaffdcf9 https://www.propertyinvesting.com/topic/4397396-which-bank-6/#post-4609825 Thu, 01 Oct 2009 09:09:20 +0000 Yes Even if your shifting your money around in the mean time, keep st goerge account open just for bookkeeping etc, they do have good introductory/honeymoon interest rates at the moment that are fairly competitive.(they also revert to a lower rate than standard variable at end of term too)Congrats on deciding to go a head with an IP.With the…[Read more]

]]> d3784c5a9e497e83be16b38bb6ca5009 https://www.propertyinvesting.com/topic/4397145-can-i-use-my-family-home-to-buy-an-ip/#post-4608649 Sat, 19 Sep 2009 03:03:20 +0000 Yes great post Terry.Keeping your own cash out of the deal is always the best option. Using the banks funding(which depreciates with inflation!!)is always preferred.There are many factors like Richard said that come into play with the budgeting and No 1 importance is the buffer!!

]]> 891e11ad78784488ba0c61bf265f49d8 https://www.propertyinvesting.com/topic/4397251-first-purchase-what-type-of-loan-seeking-advice/#post-4609085 Sat, 19 Sep 2009 02:19:11 +0000 Yes agree also, IO is great. Especially for investment property later on after the FHOG obligations etc Maybe worth looking at pre-locking in a fixed interest rate unless you have the capacity for the interest rates to rise by maybe 2-4%(purely speculation however they are only heading one way…..)

]]> 9422326145ae03840100e4d8a0d3fe7d https://www.propertyinvesting.com/topic/4397097-what-to-save-for-house-deposit/#post-4608472 Sat, 19 Sep 2009 02:15:10 +0000 Crosby Above is spam for sure, i have reported abuse…..Hi Cass,If you pay a deposit more than 5% this sometimes qualifies for the genuine savings(or does not require the bank to prove savings)….So if you were borrowing money(from personal loan, family etc) for settlement and paying it back with the FHOG and stamp duty concessions(on settlement…[Read more]

]]> 3496bd1c0fb58f28ae20cc1eea7bfa17 https://www.propertyinvesting.com/topic/4396650-taking-equity-from-current-ppor-for-buying-ip/#post-4606115 Tue, 07 Jul 2009 11:00:00 +0000 Firstly congratulations on even thinking about buying an IP!!Secondly 99.99% of the time- NEVER sell!(there are time whens its applicable though)it just cost too much, capital gains, mortgage break fees, agent fees…….(long list)Equity release is usually the best way however everyone's situation is different.based on what you have estimated you…[Read more]

]]> 98bd7ae51f07f51a9956b28d7e5c6476 https://www.propertyinvesting.com/topic/4396603-purchasers-pest-inspectors-disclaimer/#post-4605874 Tue, 07 Jul 2009 10:33:28 +0000 Wow, that is new.The inspector is pretty crafty!  You could somehow politely ask the purchasers if they think they are getting a cost efficient service for their money. I thought you payed the inspectors for the assurance of pest etc. He is essentially palming off the responsibility(come a court battle)??  I would be interested to hear what your s…[Read more]

]]> e613575d7a0debcc5c41eeb0e24a94f4 https://www.propertyinvesting.com/topic/4396642-fhog-can-it-be-used-buying-an-investment-property/#post-4606074 Tue, 07 Jul 2009 09:59:36 +0000 Yes very good posts above!Another thing to be aware of is the factor of stamp duty.I rung the stamps office for clarification however im not 100% certain, you need to move in in the first 12 months(not 100%) sure, and unfortunately live in the property for the full 12 months to receive the full stamp duty concession.Its hard to clarify however…[Read more]

]]> ae8485f3cf480457e51c2e1803d22852 https://www.propertyinvesting.com/topic/4395276-records/#post-4598521 Sun, 01 Feb 2009 14:04:22 +0000 Hi 1) You usualy have a limit on how much principle you can pay off anually with an interest only loan, however it depends on whetheryou are renting it out or living in it which makes it viable or not. Having offsett account means more liquidity, much prefered however different for every one.2)In my short experience the LMI is higher if you can…[Read more]

]]> ad0b750863742f10b78778272139c65d https://www.propertyinvesting.com/topic/4391870-buying-under-property-investor-trust-much-harder-to-get-finance/page/2/#post-4580264 Thu, 08 Jan 2009 01:28:03 +0000 I have spent considerable time investigating the chan naylor property trust with the tax department, scams dept ect etc.A FAIRLY big accountant warned that the tax dept were out to shut down the chan naylor trusts as they were breaching a few "rules"After many calls emails ect(to the ato asic scams ect)a they pretty much came back and said it…[Read more]

]]> d28d92cd548e735550416c70dc00a4c0 https://www.propertyinvesting.com/topic/4395078-next-ip-2/#post-4597499 Wed, 07 Jan 2009 10:05:36 +0000 If you can get a line of credit(not sure what your gearing is now?) going into the next IP(in the best location you can afford)would be the best option in my opinion, just try not to cross collateralize the next IP with your existing( by means or credit line paying cash not using current equity different banks trusts etc…)The inner suburbs are…[Read more]

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