@Jamie: Just a quick question please, if I only owned investment properties in NSW and never lived in it, I can still claim and have a FHOG approved?

Cheers

kidcantona wrote:
I'm on a Permanent Resident Visa, which to my knowledge doesn't have restrictions. If this statement is incorrect please let me know.

@Jamie M – what finer details would you like me to reveal? I'd be more than happy to do so for if you can assist in fine tuning the application.
I'm married and my research tells me to perhaps…[Read more]

I'm on a Permanent Resident Visa, which to my knowledge doesn't have restrictions. If this statement is incorrect please let me know.

@Jamie M – what finer details would you like me to reveal? I'd be more than happy to do so for if you can assist in fine tuning the application.
I'm married and my research tells me to perhaps take out the loan in…[Read more]

Hey guys thanks for input.

@ Scott: company will issue me a work car and knowing my company they will not accept Novated lease unless I am manager.

@Jamie M: Yes Emerald will become interest only IP.

I can't use any equity from any of my IP because they cross -coll and Narangba house is locked for 2.5 years now on fixed term. Scott suggested…[Read more]

Thanks all, some great info here.

@TheFinanceShop: Im calculating the equity:

Property 1 – Worth ~$300k, owe $260k on it = $40k
Property 2 – Worth about $320k, owe $300k on it. = $20k
= $60k equity correct?

From what i have read banks will let me use 90% of that? So is that a straight $54k I can knock off a required deposit for the new…[Read more]

sha2011 wrote:
@jamie: if  I buy as IP and after 3 years I move to my IP without claiming PPOR. Later (say 2yrs) I buy the property, can I claim FOG (if FOG available on that time)?

If you haven't purchased or lived in a property that was your PPOR during this time, then I can't see why not.CheersJamie

Thanks guys for comprehensible explanation.@ryan ; reason was I planned to rent out is current my work location is 250km away from Melbpurne and I just now started to look for to move close to melbounre.  And by looking the current market trend I feel this is the time to buy.@jamie: if  I buy as IP and after 3 years I move to my IP without c…[Read more]