PropertyInvesting.com | Mikand | Activity https://www.propertyinvesting.com/members/mikand/activity/ Activity feed for Mikand. Sat, 18 Apr 2026 17:21:38 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4ff2a8ffa86b1c66f815de7591ca4b0b Mikand replied to the topic Too good to be true? in the forum Help Needed! https://www.propertyinvesting.com/topic/4410127-too-good-to-be-true-4/#post-4695427 Sun, 13 Oct 2013 09:26:31 +0000 Terryw wrote:
Under 50sq m?

According to the title, it is approx 160sqm.

]]> 38a3b93eb937aaaf37a48480041dd21c Mikand replied to the topic Too good to be true? in the forum Help Needed! https://www.propertyinvesting.com/topic/4410127-too-good-to-be-true-4/#post-4695425 Sun, 13 Oct 2013 04:54:29 +0000 Thanks for your replies. It's in a Victorian regional town – Ballarat. It's actually my home town, and I have read that you shouldn't buy in your local area as you can get too attached, but if it's such a good buy, why not.

It's in a good area, close to shops, schools, entertainment. It is the rear most unit in a block of 3 units. It backs on to…[Read more]

]]> e3b0c32b88472ee8b9a4e8357bd47235 Mikand replied to the topic Keen on getting into the investment property market in the forum Freckle wrote:Mikand wrote https://www.propertyinvesting.com/topic/4410023-keen-on-getting-into-the-investment-property-market/#post-4694772 Wed, 18 Sep 2013 03:47:09 +0000 Freckle wrote:

Mikand wrote:

Unfortunately, I think I need to be a bit more patient, and wait until my PPOR value increases or pay off more of the principal.

You have a $400k property with only $60k of equity after 8 years. If you took entry costs, holding costs and exit costs (if sold) then you are probably underwater on this place

If…[Read more]

]]> 149a1665783d6d79e74cc6b3c9a44f1f Mikand replied to the topic Keen on getting into the investment property market in the forum Help Needed! https://www.propertyinvesting.com/topic/4410023-keen-on-getting-into-the-investment-property-market/#post-4694769 Wed, 18 Sep 2013 02:07:45 +0000 Qlds007 wrote:

Your equity is fairly marginal so you might to look at a 100% standalone investment loan.

Thank you for your reply. Are there many lenders out there these days that would offer a 100% standalone investment loan?

]]> 66bcee7fbff2462a4ab152eb9e53fe8e Mikand replied to the topic Keen on getting into the investment property market in the forum Help Needed! https://www.propertyinvesting.com/topic/4410023-keen-on-getting-into-the-investment-property-market/#post-4694768 Wed, 18 Sep 2013 02:04:49 +0000 Jamie M wrote:

3 kids under 3 – how have you got time to post this question!
Jamie

Thanks for your reply. Very difficult to find any time these days. Add working full time and studying to that as well!!

Jamie M wrote:

Your borrowing capacity may be a bit tight – but could possibly be improved depending on the way your current PPOR loan is…[Read more]

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