PropertyInvesting.com | Jess Peletier | Activity https://www.propertyinvesting.com/members/jaylou/activity/ Activity feed for Jess Peletier. Fri, 17 Apr 2026 19:42:24 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d6c88633b5211f38119e86a6b584ba45 Jess Peletier replied to the topic Multi purpose loan HELP in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5030746-multi-purpose-loan-help/#post-5030831 Wed, 26 Oct 2016 03:49:04 +0000 I can see what you’re hoping to do. It’s a little complex but can be done to a degree. Which lender are you with? Some are easier than others to do this.

]]> d9e1a04c2117acd5171bab62fa4c8d3f Jess Peletier replied to the topic Help! About to purchase an investment property in the forum Value Adding https://www.propertyinvesting.com/topic/5030760-help-about-to-purchase-an-investment-property/#post-5030830 Wed, 26 Oct 2016 03:43:24 +0000 Hi callum,

‘Normally’ when you split a block, the front house does drop but the new block is usually worth a good amount more than the drop in hte first property.

The two properties will be both securing the existing loan so unlikely to need LMI. That said, once the new titles come through it’s a good idea to create new loans for the properties…[Read more]

]]> d97a5875575c3fb89e3a5d9356179ca7 Jess Peletier replied to the topic Loans Australia - anyone had any experience with them? in the forum Finance https://www.propertyinvesting.com/topic/4392403-loans-australia-anyone-had-any-experience-with-them/#post-5030480 Thu, 13 Oct 2016 02:26:59 +0000 Couldn’t even google them up.

If you need an investment loan there’s loads of awesome brokers here – why not try one of them? At least you can be confident they know what they’re doing :)

]]> 979a6f7670de09acc8adc837f765d5e2 Jess Peletier replied to the topic Borrowing power - a mortgage broker riddle in the forum Finance https://www.propertyinvesting.com/topic/5029972-borrowing-power-a-mortgage-broker-riddle/#post-5030048 Wed, 28 Sep 2016 09:38:40 +0000 It depends on lender. With CBA, they will look at IO loans as P&I over 25 years, where they’ll look at P&I loans over their actual term.

For other lenders it’s different, so don’t follow that advice unless it’s specific to your circumstances. There are other effects to having P&I on investment loans that can cost you a fortune in deductions…[Read more]

]]> b49572dfee3e3b02918ed9433cba2847 Jess Peletier replied to the topic Getting started in property investment in the forum Help Needed! https://www.propertyinvesting.com/topic/5029980-getting-started-in-property-investment/#post-5030004 Tue, 27 Sep 2016 02:13:49 +0000

I’m interested too. Not sure where to start or who to believe.

The who to believe bit is a tricky one.

I would speak to a few independent people rather than going to a one-stop shop – the people who are doing everything (ie, the property finding, the conveyancing, the lending etc) have too much incentive to get the deal across the line. I…[Read more]

]]> 6e39bfd75d7de66c4bd5d98a7f7604f9 Jess Peletier replied to the topic Getting started in property investment in the forum Help Needed! https://www.propertyinvesting.com/topic/5029980-getting-started-in-property-investment/#post-5030004 Tue, 27 Sep 2016 02:13:49 +0000 The who to believe bit is a tricky one.

I would speak to a few independent people rather than going to a one-stop shop – the people who are doing everything (ie, the property finding, the conveyancing, the lending etc) have too much incentive to get the deal across the line. It’s much better to have a few independent eyes on the deal – for eg,…[Read more]

]]> 8f5c59fc918281bbeae33668a21ef67a Jess Peletier replied to the topic Borrowing power - a mortgage broker riddle in the forum Finance https://www.propertyinvesting.com/topic/5029972-borrowing-power-a-mortgage-broker-riddle/#post-5029976 Mon, 26 Sep 2016 00:00:53 +0000 The other broker was prob a noob who didn’t change the repayments to P&I over 25 yrs in the calc :)

]]> 88428f3245f0010265e1552616704f1e Jess Peletier's profile was updated https://www.propertyinvesting.com/activity/p/349454/ Tue, 20 Sep 2016 00:56:08 +0000 115f585bbfc1ad8988360692313f9e9a Jess Peletier changed their profile picture https://www.propertyinvesting.com/activity/p/349416/ Mon, 19 Sep 2016 03:07:37 +0000 e73c08fca1d7ab58a5eab2830979e7f5 Jess Peletier changed their profile picture https://www.propertyinvesting.com/activity/p/349415/ Mon, 19 Sep 2016 03:06:44 +0000 e06303b726eb6e52ae2b715a7131d279 Jess Peletier changed their profile picture https://www.propertyinvesting.com/activity/p/349414/ Mon, 19 Sep 2016 03:06:18 +0000 092ef6967fbf2e63bc3cc1068c7f04c7 Jess Peletier replied to the topic The right people in Hobart in the forum Finance https://www.propertyinvesting.com/topic/5029858-the-right-people-in-hobart/#post-5029866 Mon, 19 Sep 2016 03:04:58 +0000 I used to live in Hobart, if that counts ;)

Many accountants and brokers are happy to work via skype/email/phone if you have trouble finding a good one locally.

]]> 710ea64843b2e39fb87d1bec181000b5 Jess Peletier replied to the topic 24 year old first property in the forum General Property https://www.propertyinvesting.com/topic/5006597-24-year-old-first-property/#post-5006725 Wed, 29 Apr 2015 02:29:39 +0000 Hi Matt,

As mentioned, on a $350k property you’ll need a larger deposit. The stamp duty in WA will be $11125 if you’re going to rent it out, but is only $390 if you use your FHB, so that will make it worthwhile to look at.

Buying costs can be around $3000 for legals and inspections so you’ll need to budget for that too.

You’ll need a minimum…[Read more]

]]> a4e555bc6a356263936b181a5d590338 Jess Peletier replied to the topic Newbie - Buy or not to Buy? $350,000 Budget in the forum Help Needed! https://www.propertyinvesting.com/topic/5006692-newbie-buy-or-not-to-buy-350000-budget/#post-5006722 Wed, 29 Apr 2015 02:10:38 +0000 25 years is fine for a loan term – I’d even stretch it out to 30 years if you can. This lowers your repayments and lets you use the saved cash for other investments. You could also think about using interest only payments – this allows you to save more into your offset account, and have easy access to cash if you want to buy a home/move OS…[Read more]

]]> 1a6a6606d740e70f68aae3257ed0a1b6 Jess Peletier replied to the topic Need to understand, what should i do? in the forum Help Needed! https://www.propertyinvesting.com/topic/5006712-need-to-understand-what-should-i-do/#post-5006721 Wed, 29 Apr 2015 02:05:26 +0000 Is it actually negative geared?

If you have reason to assume better capital growth in the future, you could hang onto it and either access some of the equity to put toward something else, or just hang onto it and let it do its thing.

If rates went up and it did become negative, would you still be happy holding it? Will it need any major work…[Read more]

]]> d319f82ecad8aa3627b89b22c13ef269 Jess Peletier replied to the topic The Next Step in the forum Help Needed! https://www.propertyinvesting.com/topic/5005749-the-next-step-6/#post-5006114 Tue, 14 Apr 2015 10:15:49 +0000 Hi Andy,
If you use a deposit smaller than 20% you will most likely need to pay LMI depending on the lender. But this is not all bad – depending on your strategy, it can allow you to buy more property more quickly than if you put down 20% for each property. I often recommend a 12% deposit plus costs – this keeps LMI down, and positions you to…[Read more]

]]> d63f50d710324a342a57f6df4bd0bd35 jaylou replied to the topic Is this the same as cross collaterisation? in the forum Finance https://www.propertyinvesting.com/topic/5004809-is-this-the-same-as-cross-collaterisation/#post-5005031 Tue, 31 Mar 2015 04:14:21 +0000 No it’s not, assuming the lender doesn’t take Prop 1 as security by default. Always check your loan documents before you sign them!

]]> 92ead6091297931b3803b8aff4086a3e Jess Peletier's profile was updated https://www.propertyinvesting.com/activity/p/311785/ Tue, 31 Mar 2015 04:13:57 +0000 a6a82ea8a692ade014ca3a03f3d96148 Jess Peletier changed their profile picture https://www.propertyinvesting.com/activity/p/311784/ Tue, 31 Mar 2015 04:11:12 +0000