PropertyInvesting.com | Maxxi | Activity https://www.propertyinvesting.com/members/maxxi/activity/ Activity feed for Maxxi. Mon, 13 Apr 2026 13:08:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d8cf032b61b39193a868105b27944d02 Maxxi replied to the topic loan structure for 2nd IP, suggestions please.. in the forum Cabo, If you are considering https://www.propertyinvesting.com/topic/4393687-loan-structure-for-2nd-ip-suggestions-please/#post-4590063 Tue, 08 Jul 2008 11:18:26 +0000 Cabo,

If you are considering increasing your current loan to 95% … I have a couple of questions:

1/ Is this loan over your primary place of residence at a managable level?
2/ Do you have sufficient equity in the first investment property to finance the second?

The first thing is to consider is the state of the economy and the state of your…[Read more]

]]> 0c74be4d017f1ac2806102f35c382399 Maxxi replied to the topic robert kiyosaki in the forum Opinionated! https://www.propertyinvesting.com/topic/4393548-robert-kiyosaki-3/#post-4589275 Sun, 22 Jun 2008 06:00:36 +0000 I've just started reading his book Co-written with Donald Trump … 'Why we want you to be rich!'

]]> 180e6c8dabfcd05a6b54e224498d5987 Maxxi replied to the topic Low Documentaion loans in the forum Help Needed! https://www.propertyinvesting.com/topic/4393546-low-documentaion-loans/#post-4589270 Sat, 21 Jun 2008 13:27:14 +0000 Lo Doc and especially No Doc loans are harder to get since the sub prime crisis and this will continue to get tighter.  With any loan you must be able to demonstrate that you are capable to support the loan required.  The broker needs to be, as duty of care', confident that you can repay the loan even if he/she doesn't need to supply full income d…[Read more]

]]> 0aceb515a86b9a1a1958486179310362 Maxxi replied to the topic robert kiyosaki in the forum Opinionated! https://www.propertyinvesting.com/topic/4393548-robert-kiyosaki-3/#post-4589271 Sat, 21 Jun 2008 13:15:40 +0000 Robert is an internationally recognised best seller.  That's one sign that he does his research and gets it right.  He also partners with many other top guru's and writers in a range of his books.  They are all a good buy!

]]> cfa0bb6d7e1bf5456812bcbb4e37a63c Maxxi replied to the topic property investing courses in the forum Opinionated! https://www.propertyinvesting.com/topic/4393549-property-investing-courses/#post-4589323 Sat, 21 Jun 2008 13:07:51 +0000 Heaps of emotional hype and pitching … etc etc etc … not unlike Empowernet and their REM Real Estate Mastery course.  Nothing you can't get by reading a good book or two or three.

]]> 9cbe63e2e0ca4a3e895ef2b190932fd0 Maxxi replied to the topic RAMS anyone stuck with them? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392486-rams-anyone-stuck-with-them/#post-4583555 Sat, 21 Jun 2008 13:05:22 +0000 Bank loans are definitely more attractive than most Non-Bank loans at the moment.  Although, First Mac are about to release an 8.77% fully flexible variable loan into the market.  As the exit costs are usually higher with most Non-Bank loans, you need to be certain of your intentions of the loan over the reasonable term (first 4 years) to b…[Read more]

]]> 8759ba19982f32abdd3d22763ce85f4e Maxxi replied to the topic Getting finance as a sole trader in the forum Finance https://www.propertyinvesting.com/topic/4390552-getting-finance-as-a-sole-trader/#post-4572693 Sat, 21 Jun 2008 12:54:38 +0000 Somewhereoverthere,You mentioned the income for last years tax return, but what is the income for the previous year?  You would be required to provide two years tax returns to be eligible for a sole trader loan with tax returns that are suitable for serviceability.  It appears that the previous year could be lower than the other.  The mortgage in…[Read more]

]]> 4b71e6d26a7386b2e53914e7b2e66ae1 Maxxi replied to the topic Another 0.5% interest rate prediction ... in the forum General Property https://www.propertyinvesting.com/topic/4393490-another-0-5-interest-rate-prediction/#post-4588932 Thu, 19 Jun 2008 10:39:22 +0000 Spot on forecast Chris White!!!!

]]> f68b9fc78a51ec8448ee4c610eae29b7 Maxxi replied to the topic Another 0.5% interest rate prediction ... in the forum General Property https://www.propertyinvesting.com/topic/4393490-another-0-5-interest-rate-prediction/#post-4588927 Tue, 17 Jun 2008 13:41:04 +0000 People, sorry for the delay … been busy helping my clients! I wasn't implying that tax cuts would reduce interest rates … they wont.  Nor was I implying they will directly slow the economy down …. they are likely to have some upward pressure on inflation.  This can't be avoided.The point is the unemployment figures and the massive effect t…[Read more]

]]> d22e1e1fe8d7e8556d617639dcf83b9b Maxxi replied to the topic Can you rent property to third party live in it yourself and declare the income as rental income?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393417-can-you-rent-property-to-third-party-live-in-it-yourself-and-declare-the-income-as-rental-income/#post-4588544 Sun, 15 Jun 2008 12:55:30 +0000 Soloinvestor,It's called 'Arms-Length' ruling!!!  Placing it in a trust structure would be a good idea to consider for other reasons too … speak to a good property investment privi accountant.

]]> 995f6469d3564718feef86432c85cf4d Maxxi replied to the topic Small settlement timeframe - what's possible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393411-small-settlement-timeframe-whats-possible/#post-4588524 Sun, 15 Jun 2008 12:51:03 +0000 Get a very good finance broker and make sure you have pre-approved finance.  Meaning … everything as submitted without and surprises … finance will go thru fine.  An independant valuation ASAP would be advised to make sure there are no hidden traps there.  You broker should be able to go thru these and any other concerns or considerations wi…[Read more]

]]> 945267c5c0b0deca338c779e24af9343 Maxxi replied to the topic Investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4392652-investment/#post-4584351 Sun, 15 Jun 2008 12:33:04 +0000 There are regulations around foreclosures being 'fire sales' at bargain prices …. I agree they are very hard to find as the banks have responsibilites to sell the properties at as close to market value as possible or end up in court!A lot of these ideas of buying thru foreclosures comes form the US …. the Australian economy is not the US…[Read more]

]]> b05989740bbb8d14be7f48928a1bafd9 Maxxi replied to the topic Is now a good time to invest in building a new property in Adelaide? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392714-is-now-a-good-time-to-invest-in-building-a-new-property-in-adelaide/page/2/#post-4584662 Sun, 15 Jun 2008 12:17:32 +0000 Linar,You simply can not 'assume' anything these days anymore based on the past.  The past will only aid in your research, not govern the outcome.  Especially with rapidly increasing fuel costs, water shortages, rising costs of materials … everything fueling inflation …. that prices will continue to double at the same rate that it has in the p…[Read more]

]]> 6c61412453710c71d1e7b6bb27bc31cd Maxxi replied to the topic Investment Finance - what do you need to know? in the forum Neil, As long as you are https://www.propertyinvesting.com/topic/4393478-investment-finance-what-do-you-need-to-know/#post-4588845 Sun, 15 Jun 2008 12:06:52 +0000 Neil,As long as you are passionate about your career in finance and are proactive …. you will do fine in the finance industry in any state of economy…. your business is what you make it.  I've been in finance for 8 years now and my business has grow well more than double over the past 12 months not shrunk as many would expect…. so don't pay…[Read more]

]]> 0b64894e1e60c35f5edc4b348dd8345c Maxxi replied to the topic Any tips for investing? in the forum General Property https://www.propertyinvesting.com/topic/4393350-any-tips-for-investing/#post-4588201 Sun, 15 Jun 2008 11:14:55 +0000 It gets a bit old when staff/ contractors come on the site just to spruike their company …. if you're in business and your proud of who you are and what you do and offer … what's wrong with using a signature????It's worked for you for quite a while right,  Richard??   And might I add just by giving unbiased healthy tips and experience?It's hu…[Read more]

]]> 5ee77363a5ee06cc8219d0dce0199399 Maxxi replied to the topic Real Estate Agents in the forum General Property https://www.propertyinvesting.com/topic/4393456-real-estate-agents-6/#post-4588718 Sun, 15 Jun 2008 11:05:46 +0000 It's always a case of doing your homework …. Not all agents are crooks … there are some very good RE Agents around.  Their job is to sell properties for the highest possible price given the market conditions.A valuation will always give you an accurate price (usually with in 10% each way)  but remember a R E Agent usually on gives an a…[Read more]

]]> e1792086fe8047a36afbea442308dbd1 Maxxi replied to the topic Zoning in the forum Help Needed! https://www.propertyinvesting.com/topic/4393486-zoning-7/#post-4588905 Sun, 15 Jun 2008 10:56:46 +0000 The fine line between profit and loss is …… attitude plus research, research, research.  As I dont know the dimensions and layout of the block … I cant tell you how much the road woudl cost and even if a road is required, but it's usually very difficult to cut 8 blocks out without at least two frontages … without an access road built.  $…[Read more]

]]> 5278b91e33c63c32cd1d2abac88e8482 Maxxi replied to the topic Another 0.5% interest rate prediction ... in the forum General Property https://www.propertyinvesting.com/topic/4393490-another-0-5-interest-rate-prediction/#post-4588918 Sun, 15 Jun 2008 10:48:11 +0000 God,That's exactly my point …. that's why it's a delicate balance …. short of writing an essay here!!!The reason it is less likely for rate rises is because fo two reasons ….1/  If you fix one problem you worsen another …. unemployemnt figures and you can weaken the economy severely,2/  Interest rates is not the only way to slow the e…[Read more]

]]> 1c9fa21de637dfddefc2b26634619b1b Maxxi replied to the topic Another 0.5% interest rate prediction ... in the forum General Property https://www.propertyinvesting.com/topic/4393490-another-0-5-interest-rate-prediction/#post-4588917 Sun, 15 Jun 2008 10:41:14 +0000 The problem wioth Perth is that the last boom was artificially boosted by the mining boom and caused many lower priced homes to heavily inflate off the back of high end property sales.  This bubble is now bursting.I have a close friend in the same predicament down by Rockingham …. been trying to sell his house for over 12 months now.

]]> d6dfbfb6b3b46604b33928f455731e76 Maxxi replied to the topic renters??? in the forum General Property https://www.propertyinvesting.com/topic/4393473-renters-2/#post-4588808 Sun, 15 Jun 2008 10:38:48 +0000 Rudy,Unless privacy laws have changed …. you can go to the council and they will usually give you the contact number for the owners and you can ask them.  I did this with a Property I was interested to buy in Adelaide ( I now live in Brisbane) and had no problems at all.

]]> f94a9433c7aa0a358885d7167e7d4cda Maxxi replied to the topic investing in so called bad areas in the forum General Property https://www.propertyinvesting.com/topic/4393438-investing-in-so-called-bad-areas/#post-4588611 Sun, 15 Jun 2008 10:35:36 +0000 The other factor that comes into play is … how long you wish to keep the property for???  If long term … the economic cycles and time will aid the property capital growth.Also consider tax deductions and gearing factors …. speak to a good accountant.

]]> 20ec943327213ee2fef5b72b65c1d2b7 Maxxi replied to the topic Another 0.5% interest rate prediction ... in the forum General Property https://www.propertyinvesting.com/topic/4393490-another-0-5-interest-rate-prediction/#post-4588914 Sun, 15 Jun 2008 10:28:58 +0000 wealth4life,The lastest job listing figures were just released last week … $20,000 jobs vanished from last quarter.  For this reason it is now unlikely that rates will rise this year … but it is not totally ruled out.  It's a delicate balancing act to not crash the economy but get households to cut their spending to slow an overheated e…[Read more]

]]> 59fce41c2e352246911939e092ed74e6 Maxxi replied to the topic Zoning in the forum Help Needed! https://www.propertyinvesting.com/topic/4393486-zoning-7/#post-4588903 Sun, 15 Jun 2008 10:24:24 +0000 Not everyone wants to subdivide it themselves,This is why there are many opportunities out there if you look and do your homework.  Everyone has different skills and weaknesses.One of the reasons vendors dont subdivide themselves is often because they dont know how to do it and are fearful of trying …. sometimes they inherit the land or have…[Read more]

]]> f4dc9b454cbbd49e4a7e4794ab9b5d62 Maxxi replied to the topic Help!! - Urgently want to put in offer for house,.. but how?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393483-help-urgently-want-to-put-in-offer-for-house-but-how/#post-4588866 Sun, 15 Jun 2008 10:13:15 +0000 Hi Shel25,I agree with Shane   you definitely need to make sure you are clear on the subject to finance clause in your contract.  You especially need to be careful if you are in NSW.  There are a number of lender that will look at your employement status bases on consistency including your last jobs … provided that a/ You are doing the same wor…[Read more]

]]> fe3b877d0062112148b6e256c9f9b042 Maxxi replied to the topic Just Starting out... WHat 1st? in the forum Help Needed! https://www.propertyinvesting.com/topic/4393488-just-starting-out-what-1st/#post-4588908 Sun, 15 Jun 2008 08:20:46 +0000 Hi Mickboy,The first thing I can suggest is that you educate yourself in whatever decisions you make involving investing … whether it be property, managed funds, shares …or even a business etc ….. the reason most people fail is due to lack of education and making highly emotionsal rather than logical decisions ….What city are you in?  I…[Read more]

]]> 03b26c176e8a3e06dde9939eb89c5d96 Maxxi replied to the topic First timer newbie with some general questions re: GOLD COAST PROPERTY in the forum Help Needed! https://www.propertyinvesting.com/topic/4393439-first-timer-newbie-with-some-general-questions-re-gold-coast-property/page/2/#post-4588638 Sun, 15 Jun 2008 08:17:16 +0000 Michaelparis,Firstly, I'm neither chasing your approval of my credibility nor scamp of my approval.  You must remember this forum is designer to help people and people must understand if you are going to post stupid comments … there are consequences.  Besides … just as scamp has the right to post idiotic comments … I also have the right to v…[Read more]

]]> 90984b82c2d46d4318741d99fba28b64 Maxxi replied to the topic Is now a good time to invest in building a new property in Adelaide? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392714-is-now-a-good-time-to-invest-in-building-a-new-property-in-adelaide/page/2/#post-4584660 Fri, 13 Jun 2008 12:23:27 +0000 Italian Dragon,I lived in Adelaide for many years until recently … I also agree that it is not likely that the property prices will double in 10years but they will continue to rise.  In spite of the economic conditions …. the defense contracts and the mining boom will hold the SA economy relatively stable for the next few years at least ….…[Read more]

]]> 87fad19aac2025ca19b245e1a49dcab5 Maxxi replied to the topic First timer newbie with some general questions re: GOLD COAST PROPERTY in the forum Help Needed! https://www.propertyinvesting.com/topic/4393439-first-timer-newbie-with-some-general-questions-re-gold-coast-property/page/2/#post-4588632 Fri, 13 Jun 2008 12:15:20 +0000 Scamp … please stop posting ridiculous posts in this thread … you're an absolute idiot and have not a clue about the Australian Market.  Figures you are quoting for Varsity are idiotic …. you're making yourself out to be more of a fool every post you make … give up!!!NO ONE TAKE ANY NOTICE OF ANY POSTS WRITTEN BY SCAMP!!!  Varsity will g…[Read more]

]]> 2855e732334e6c9139b6e4feb1f19e3f Maxxi replied to the topic First timer newbie with some general questions re: GOLD COAST PROPERTY in the forum Help Needed! https://www.propertyinvesting.com/topic/4393439-first-timer-newbie-with-some-general-questions-re-gold-coast-property/#post-4588624 Thu, 12 Jun 2008 03:32:48 +0000 As far as the GC is concerned … I agree with you GMH … I think it is overinflated … especially on the high end ….. but you can also still get some goof buys there too … you just need to know the market ….. it's always supply and demand …. because of the migration into the GC … it wont do so badly but i still expect it to drop.

]]> 806519e6997e5cea657231313e1958cf Maxxi replied to the topic Is now a good time to invest in building a new property in Adelaide? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392714-is-now-a-good-time-to-invest-in-building-a-new-property-in-adelaide/#post-4584651 Thu, 12 Jun 2008 01:45:38 +0000 Oh Please scamp …. tightening of credit is a normal economic policy in times of an overheated economy.  We've had tighter credit for the past few years and over the past 12 months it has been more difficult to get loans with poor credit.  But that is logical right???  The Australian market is NOT like the USA market …. but yes people are sp…[Read more]

]]> a81bc229ed703898f2e8608621ca9e7b Maxxi replied to the topic First timer newbie with some general questions re: GOLD COAST PROPERTY in the forum Help Needed! https://www.propertyinvesting.com/topic/4393439-first-timer-newbie-with-some-general-questions-re-gold-coast-property/#post-4588621 Thu, 12 Jun 2008 01:36:53 +0000 Scamp,You definitely havent done your homework …. and you definitely dont know the Australian market… Maybe because you dont live in Australia???  As I said before … I do agree that housing prices will drop …. and I do agree that the market will recover in about three years …. but your evidence and figures etc are disgraceful…  You c…[Read more]

]]> e49efc7add5c2be205fad9f19a3709dc Maxxi replied to the topic Is now a good time to invest in building a new property in Adelaide? in the forum Scamp, With the ratios I was https://www.propertyinvesting.com/topic/4392714-is-now-a-good-time-to-invest-in-building-a-new-property-in-adelaide/#post-4584647 Wed, 11 Jun 2008 13:05:18 +0000 Scamp,With the ratios I was quoting relative serviceability calculations that the banks use to determine the affordability …. I wasnt quoting what you 'Should' borrow … naturally you should borrow less rather than more, ideally no more than 80% if you can do it.4 times borrowing ratios are the maximum you will getfor owner occupied and for…[Read more]

]]> 14d724026d544bf789999db2ee36bcc5 Maxxi replied to the topic First timer newbie with some general questions re: GOLD COAST PROPERTY in the forum Help Needed! https://www.propertyinvesting.com/topic/4393439-first-timer-newbie-with-some-general-questions-re-gold-coast-property/#post-4588618 Wed, 11 Jun 2008 10:48:46 +0000 Which suburbs you focus on would depend on what your budget is.  North Adelaide, situated right next to the CBD (overlooking it actually), is a beautiful leafy blue chip suburb which is said to be set for the mining companies to house a lot of their Head offices for the Mining up North.  Salisbury, Munno Para, Elizabeth etc in the Northern s…[Read more]

]]> 66a0dd68fce0bcdfeb19e119670be811 Maxxi replied to the topic Where are the cash flow properties? in the forum You might like to cast your https://www.propertyinvesting.com/topic/4386626-where-are-the-cash-flow-properties/#post-4553802 Wed, 11 Jun 2008 02:42:25 +0000 You might like to cast your eyes on South Australia …. and No I'm not selling property there! (for the sceptics).  I've been watching the market in SA and Adelaide is being dubbed 'The New Perth' …. I live in Queensland ….watch the articles currently being written.The reason for the mini boom in Sa is the Defense Contracts buildign S…[Read more]

]]> 559a0c5d5dd54bd231112ec9a011ef72 Maxxi replied to the topic Is now a good time to invest in building a new property in Adelaide? in the forum This is to post such as https://www.propertyinvesting.com/topic/4392714-is-now-a-good-time-to-invest-in-building-a-new-property-in-adelaide/#post-4584644 Wed, 11 Jun 2008 02:23:36 +0000 This is to post such as Scamp and similar …what you are neglecting to remember is that the elements of supply and demand govern the market.  For you to understand the market well you need to understand the local market.  Many capital cities are struggling to meet the housing demands.  I saw one of your other post (scamp) saying that the av…[Read more]

]]> e680e9d6d61765492212b3429fa6ed95 Maxxi replied to the topic loan structure in the forum Help Needed! https://www.propertyinvesting.com/topic/4393447-loan-structure-6/#post-4588657 Wed, 11 Jun 2008 01:18:16 +0000 I agree with Richard,Although it is good to remember and debt is worthy of being reduced if you can… ie we are always better off without the debt if we can help it.  But Investment debt allows us to leverage.  When paying Interest only, you should remember that you can pay extra when you like … therefore treating it as a P&I but with the f…[Read more]

]]> de7e8d76f87bf6506fe15883a57cd2fe Maxxi replied to the topic First timer newbie with some general questions re: GOLD COAST PROPERTY in the forum Help Needed! https://www.propertyinvesting.com/topic/4393439-first-timer-newbie-with-some-general-questions-re-gold-coast-property/#post-4588615 Wed, 11 Jun 2008 00:56:48 +0000 Morning Benhaman,As a beginner, one thing to remember is the more research you do… the more aware and prudent you will be.  You will probably already understand that … what you focus on … is wehat you see!  and the reverse is true too … what you don't focus on… you wont see!  Therefore ask lots of questions everywhere you go and as a su…[Read more]

]]> ed99dfe912047cdb9eb89f12563e9f54 Maxxi replied to the topic Financial Advisor in Brisbane in the forum Finance https://www.propertyinvesting.com/topic/4393231-financial-advisor-in-brisbane/#post-4587562 Thu, 29 May 2008 02:28:52 +0000 Matt,I am a qualified Mortgage Broker …. I don't charge Brokerage and focus on service, support and coaching.  I have an office in Springwood and another on Petrie on the Northside.  Feel free to contact me to have a discussion and see if you agree with how I work.  I'd be happy to assist you in your goals.RegardsJohn Maxwell0403234234JJM Fi…[Read more]

]]> 6e10c6bb41b21443cafc75ea3f800f34 Maxxi replied to the topic Seeking Unsecured Lo-Doc Business Loan ASAP in the forum Finance https://www.propertyinvesting.com/topic/4391929-seeking-unsecured-lo-doc-business-loan-asap/#post-4580587 Tue, 15 Jan 2008 03:57:40 +0000 Thanks Guys for your suggestions,I've sourced the monies required from private funds offerring 16% p.a. for 2 years.John

]]> 00edf5e16299e5cd7fe4843e322692f3 Maxxi replied to the topic Seeking Unsecured Lo-Doc Business Loan ASAP in the forum Finance https://www.propertyinvesting.com/topic/4391929-seeking-unsecured-lo-doc-business-loan-asap/#post-4580585 Mon, 14 Jan 2008 02:07:57 +0000 Thanks for the posts Richard & Tracey ….Tracey, I don't have the time to get the credit cards at this point in time ….Richard, I just settled one with ANZ last month w/- Business Plan & Cashflow forecast … but got a snag with the next one.But thanks all the same …. hopefully I'll have private funds arranged by tomorrow & St George are…[Read more]

]]> 699295d758256606aa4836dd8928e212 Maxxi replied to the topic Need some advice form a good mortgage broker! in the forum Finance https://www.propertyinvesting.com/topic/4391473-need-some-advice-form-a-good-mortgage-broker/#post-4577394 Tue, 04 Dec 2007 04:22:09 +0000 Hi PE,We currently have a great loan for Investors which is a 3.99% repayment for 2years …. and this can be carefully rollover again for a longer term.  The rest of the interest (at a competitive rate) is simply capitalised into the loan.  It means that the capitalisation over the 2 yrs is about 7% …. You will need equity in your property t…[Read more]

]]> 5afe4cd3bbe6fd4ad522b7d83b9d66ad Maxxi replied to the topic Calling any extremely helpful and knowledgable mortgage brokers in the forum I'd also be available to https://www.propertyinvesting.com/topic/4391493-calling-any-extremely-helpful-and-knowledgable-mortgage-brokers/#post-4577516 Tue, 04 Dec 2007 03:50:41 +0000 I'd also be available to help George if you are looking for a third opinion.  I'm a Broker in Brisbane and have clients across Australia thru a branch network in most states.We are working with a lot of investors with a 3.99% repayment loan for 2 yrs.  With the remaining interest capitalising.  Need more info though.CheersJohnmaxxi@myself.com

]]> 0eb7ad0374f39b2cea77803c58c5fa58 Maxxi replied to the topic Equity Finance Mortgage in the forum Finance https://www.propertyinvesting.com/topic/4391554-equity-finance-mortgage/#post-4577989 Tue, 04 Dec 2007 03:25:01 +0000 Cheers Richard<br /:-)” title=”>:-)” class=”bbcode_smiley” />

]]> f6d6a19b79d1003e1373d60746b38da5 Maxxi replied to the topic Becoming a mortgage broker in the forum Finance https://www.propertyinvesting.com/topic/4391536-becoming-a-mortgage-broker/#post-4577846 Tue, 04 Dec 2007 03:24:07 +0000 Lyndon,You can do the Cert IV in Finacial Services in-line for as little as $600 … more if you require tutoring.  One I can recommend is the National Finace Institute …. Peter Heinrich is very well known in the educationcircles for finance training both in Oz and the UK.Membership of the MFAA is about $400 … currently you are required to do…[Read more]

]]> 5a58d0d556ef411c4f5abb1f0da75fb7 Maxxi replied to the topic Equity Finance Mortgage in the forum Finance https://www.propertyinvesting.com/topic/4391554-equity-finance-mortgage/#post-4577987 Tue, 04 Dec 2007 03:11:48 +0000 Guys …. No need to argue …..You are both correct and talking about the same thing.  The concept is designed for budding home buyers who would like to get into the property market.  The Adelaide Bank EFM product is one of the most popular …. in this case the property title is placed in your name.  The bottom line is that it gets you  into the…[Read more]

]]> cffa9f68cacc72d216720d547dea0d5d Maxxi replied to the topic What should we do? (Financing to upgrade) in the forum Congrats on the marriage https://www.propertyinvesting.com/topic/4391583-what-should-we-do-financing-to-upgrade/#post-4578198 Tue, 04 Dec 2007 02:52:52 +0000 Congrats on the marriage NewGen! Glenelg North is a great spot …. I use to live in Adelaide too!  But…opted for Sunny Qld now!!!Yes… it's important to strike a balance on wealth creation and lifestyle.  Firstly, you should congratulate yourselvesfor what you have achieved so far.  You've done a great job!It is possible to get 100% or gr…[Read more]

]]> 58a6664417618494e4b810cb1f6a8146 Maxxi replied to the topic Advice re turning current PPR into RP & building new place from equity in the forum Finance https://www.propertyinvesting.com/topic/4391571-advice-re-turning-current-ppr-into-rp-building-new-place-from-equity/#post-4578095 Tue, 04 Dec 2007 02:27:21 +0000 Hi Dudleydog,When purchasing land, usually you can only borrow up to 80% against itself… therefore your deposit requried from the home loan will be 20% plus costs (S/Duty, conveyancing & purchase costs, mortgage costs etc). Once you finalise your building contract, provided you have a sufficient serviceable income, you can then increase the loan…[Read more]

]]> a82806271bd219c319b9f5dce786da6c Maxxi replied to the topic What should we do? (Financing to upgrade) in the forum Hi NewGen, Further https://www.propertyinvesting.com/topic/4391583-what-should-we-do-financing-to-upgrade/#post-4578196 Tue, 04 Dec 2007 02:05:06 +0000 Hi NewGen,Further Investigation of your position would be required eg how much you owe on the PPoR.  The main thing I can suggest is to not get to emotional regarding the new PPoR as it is easy to over capitalise.  There are many strategies to follow when investing in property… which are for you are dependant upon your goals.  Many investors th…[Read more]

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