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  • Profile photo of markymark84markymark84
    Member
    @markymark84
    Join Date: 2009
    Post Count: 10

    Thanks Richard,

    We are looking at a property est $300,000 mark, which we are depositing around 30k ourselves, so a loan amount of $270,000, so I am assuming LMI applies as the LVR  will be around 90.

    Does this clarify?

    Thanks,

    Mark

    Profile photo of markymark84markymark84
    Member
    @markymark84
    Join Date: 2009
    Post Count: 10

    Also,  has anybody had experience with his mentoring program.  A guy on the phone from his office mentioned their was a team here in Oz working together on his program.  I would love to here from you!!

    Thanks,
    Mark

    Profile photo of markymark84markymark84
    Member
    @markymark84
    Join Date: 2009
    Post Count: 10

    Hi Mick,

    Thank you for your comments.  We are starting off in Sydney as we plan to use the first property as a live in arrangement, currently we live in Balmain (5 min from CBD) and we all work in the city, so we would be looking maybe for a unit or apartment that will require some work.  We are prepared to live a little further than city but no more than 20 minutes away (unless the oppurtunity is really good)  Once we have two or three properties, then we will be prepared to purchase wherever necessary.

    Once again, thank you for the advice.

    Thanks,
    Mark

    Profile photo of markymark84markymark84
    Member
    @markymark84
    Join Date: 2009
    Post Count: 10

    Hi again,

    We are looking for properties in the 250-300 range is that about what we should be doing?

    Also, how do we find out if a property can be subdivided?

    Thanks!!!

    Mark

    Profile photo of markymark84markymark84
    Member
    @markymark84
    Join Date: 2009
    Post Count: 10

    Hi MyFairGo,

    I am very interested in your advice.  My team and I are looking to buy some properties and the main problem we are going to have is finding the first lump sum payments to fund the deposit. Between the three of us we have a solid income and the capacity to save quickly, however the "nothing down deals" caught my eye.

    Any advice?

    Thanks,
    Mark

    Profile photo of markymark84markymark84
    Member
    @markymark84
    Join Date: 2009
    Post Count: 10

    Hello,

    Are the tickets still available?

    Mark

Viewing 6 posts - 1 through 6 (of 6 total)