PropertyInvesting.com | lamp1111 | Activity https://www.propertyinvesting.com/members/lamp1111/activity/ Activity feed for lamp1111. Wed, 15 Apr 2026 04:23:25 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 db58cc1b32e053ed412d5bc818cdba88 lamp1111 replied to the topic Macquarie Bank in the forum Help Needed! https://www.propertyinvesting.com/topic/4408213-macquarie-bank/#post-4681995 Tue, 04 Dec 2012 11:34:33 +0000 I want to know too.  Is the low rate too good to be true?

]]> cb8d4ce99a13926989f16ba29ce98897 lamp1111 replied to the topic Bought a house for $22,000 in NSW in the forum Help Needed! https://www.propertyinvesting.com/topic/4406044-bought-a-house-for-22000-in-nsw/#post-4665223 Thu, 08 Mar 2012 22:57:32 +0000 Sorry, I'm just curious, still very new to the property market, I'm just suprised that there are still properties for less than xxxk, especially in Sydnye, have I mis-read this post?

]]> fde6f9af617d0dc8ea31d115181f3627 lamp1111 replied to the topic Advice Regading Timing for My First IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4406025-advice-regading-timing-for-my-first-ip/#post-4665136 Wed, 07 Mar 2012 02:28:49 +0000 Thanks again Richard!Wondering what time and where about you will be meeting with your forum clients in Victoria tomorrow, is it for anyone or appointment required?

]]> 53cb9cb87fdcdf278e530596a2fee2a5 lamp1111 replied to the topic Advice Regading Timing for My First IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4406025-advice-regading-timing-for-my-first-ip/#post-4665134 Tue, 06 Mar 2012 22:36:24 +0000 Thanks Richard and engelo10,Thanks for your advice. Yes, Richard has definitely made me aware of the point regarding what if the government changes the law. I should not put my focus only on minimising tax. To re-adjust or correct my thinking in my first post, I would much prefer to have an IP which will put me in the neutural or postive geare…[Read more]

]]> a3791430ba5de35c9672acc1b36b61b0 lamp1111 replied to the topic How equity contributes to home loan? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402986-how-equity-contributes-to-home-loan/page/2/#post-4643346 Thu, 24 Mar 2011 02:08:48 +0000 euro73 wrote:
Lamp, you mentioned that you are considering buying an older unit and renovating, OR purchasing an NRAS approved unit within the Casey Gardens development.  I personally believe the NRAS scheme offers you far more, but its really your decision. Respectfully, it doesnt sound like you have much experience or knowledge about the…[Read more]

]]> cbdd73a0c243cd1b8e5a0d159e4ac81b lamp1111 replied to the topic National Rental Affordability Scheme (NRAS) in the forum Help Needed! https://www.propertyinvesting.com/topic/4402975-national-rental-affordability-scheme-nras-2/#post-4643230 Thu, 24 Mar 2011 01:49:54 +0000 Olauf98 wrote:
Hi everyone I'm a newbie. Apologies if the question has been asked before. Who are those lenders to borrow from as my understanding the big four are reluctant.

Hi Olauf98,I have asked Westpac and the loan manager told me that they do lend for NRAS property. Cheers,lamp1111

]]> 5e1bb0b2ccd1d8663f84315efcadb375 lamp1111 replied to the topic How equity contributes to home loan? in the forum I agree with you Jamie, if https://www.propertyinvesting.com/topic/4402986-how-equity-contributes-to-home-loan/#post-4643343 Fri, 11 Mar 2011 03:23:31 +0000 I agree with you Jamie, if we want to properly invest, we should always have experienced professionals in the area to guide us. I wish you are in Victoria Jamie. I am now putting a pause, no point to rush into investing in IP unless I have a team of professionals as suggested by you, even my world of investing in IP is very small in comparison to…[Read more]

]]> 62ada3998df8ab0ae2c70787f138811b lamp1111 replied to the topic How equity contributes to home loan? in the forum Yes Jamie, I am getting 80% https://www.propertyinvesting.com/topic/4402986-how-equity-contributes-to-home-loan/#post-4643340 Thu, 10 Mar 2011 03:27:27 +0000 Yes Jamie, I am getting 80% of my IP loan from Westpac, just got the loan entitlement 2hrs ago.  One of there financial consultant just told me that when I got the remaining from HSBC (where my Home is with), I should split the additional borrowing from the existing home loan (we have been talking about this in this forum), in addition, he…[Read more]

]]> 78505cbcdb3494ce6c90ce2b428b7c4d lamp1111 replied to the topic How equity contributes to home loan? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402986-how-equity-contributes-to-home-loan/#post-4643335 Wed, 09 Mar 2011 03:08:16 +0000 lamp1111 wrote:
Hi just visit HSBC again, where I got my property home loan from. The bank manager offered that HSBC can open a new IP loan for me, therefore 100% of the loan required for my IP can be borrow from there and my existing home loan is untouched.Loan 1 – existing home loanLoan 2 – IP loan offers as a package for 100% of $320K,…[Read more]

]]> d76e8167c3cae8773773b8fd05e0dbce lamp1111 replied to the topic How equity contributes to home loan? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402986-how-equity-contributes-to-home-loan/#post-4643334 Wed, 09 Mar 2011 02:46:00 +0000 Hi just visit HSBC again, where I got my property home loan from. The bank manager offered that HSBC can open a new IP loan for me, therefore 100% of the loan required for my IP can be borrow from there and my existing home loan is untouched.Loan 1 – existing home loanLoan 2 – IP loan offers as a package for 100% of $320K, interest rate 7.17%,…[Read more]

]]> 553dd9aed5147d9907bc736ad433d8ec lamp1111 replied to the topic How equity contributes to home loan? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402986-how-equity-contributes-to-home-loan/#post-4643331 Tue, 08 Mar 2011 02:52:54 +0000 Hi guys, I am so glad that I read Jamie’s advice before seeing the bank manager yesterday! The manager told me that I can borrow in two ways; 1. Borrow all from their bank; 2. Same as what Jamie told me J Initially, I didn’t quite understand why, but after further elaboration from you guys and my digestion system worked over night (couldn't slee…[Read more]

]]> 8f81fa021d65809a771231e4bab94203 lamp1111 replied to the topic How equity contributes to home loan? in the forum Thanks Jamie. My current https://www.propertyinvesting.com/topic/4402986-how-equity-contributes-to-home-loan/#post-4643327 Mon, 07 Mar 2011 03:28:16 +0000 Thanks Jamie. My current home loan account is an offset account type, which I can access my money anytime, in this case, can I just take out the 20% from this offset account without increasing the loan of my current property? I then borrow the 80% from a different bank?Cheers,Lamp

]]> 7782abecc5a6cd6701634bf7b67fe669 lamp1111 replied to the topic National Rental Affordability Scheme (NRAS) in the forum Help Needed! https://www.propertyinvesting.com/topic/4402975-national-rental-affordability-scheme-nras-2/#post-4643222 Sat, 05 Mar 2011 10:17:11 +0000 Thanks TC and Jamie, greatly appreciated

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