What do you own there Yorker?

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Is called ramping in stock forums.

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

I need to know the assets and liabilities plus incomes for you and your parents.

Email might be better than posting it all here – up to you.

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

Comments may not be relevant to individual circumstances. If you intend making…[Read more]

There may be a way. I would need a lot more info.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

I am pretty sure that it restarts.

Cheers

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

It is the mortgage insurers that give us grief.

Check the postcode of the town on

http://www.pmigroup.com.au

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

Comments may not be relevant to individual circumstances. If you intend making any investment, financial…[Read more]

At what point does a post boom market become a pre boom market?

I am a buyer so as to be in place for the next boom.

Good quality property by the coast is my criteria.

But to store money we use ING Direct.

Cheers

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85%…[Read more]

I love my gardening too and have two little girls who are both looking forward to the warmer weather and the beach.

I also have a wife who is a medical student – she needs a bit of my time as well [biggrin]

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85%…[Read more]

I was also thinking of small factories.

Here is an idea of the sort of thing I had in mind.

http://www.shearwateronline.com.au

I am not selling these but if anyone is interested call me instead of the developer as I might be able to help with a better price – IMHO they are too expensive for the yield – however they are new and in a good…[Read more]

I agree with your broker where there is only small equity accross three mortgages.

However where a person has larger equity in one mortgage they wish to use I always ask the bank to not xcoll. It just makes things easier for when the client has a lot of properties and then wants to start selling them seperately. Always start as you mean to go…[Read more]

What are your goals in all of this? Where do you hope to be in 10 years time with your property investing?

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

Comments may not be relevant to individual circumstances. If you intend making any investment,…[Read more]

Rarely a company structure.

You would need to sit down with an accountant and have your goals and strategy sorted out to discuss. This may help determine whether to keep it in your name or to establish a hybrid trust.

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85%…[Read more]

Narelle,

You need to get some professional advice.

There may be the option of calling the whole thing your home with no tax deductions, but then exercising the CGT exemption on sale of theland. This may be the most useful.

If you build then I am not sure how it might work.

Please speak to a savvy accountant.

Simon Macks
Mortgage…[Read more]

Who did you speak to at your bank? I trust it was a loans officer who was quoting plicy and not just his well intentioned advice?

Maybe you need to be looking at another lender – or at least have that lending officer believe you are!

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No…[Read more]

Apply for a credit card.

Seriously.

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Get onto Allan at http://www.duckling.com.au and see who he recommends.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult…[Read more]

Do you think there will be growth in alice Springs in the next two years?

Would you buy an IP there if you were leaving shortly?

I wouldn’t buy there unless the answer to both these questions is yes.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

Comments…[Read more]

Whilst the weatherboards need more attention they are actualy a lot easier to repair than a B home.

I don’t think the choice between two potential Ip’s would boil down to something as simple as Wb or BV.

Brenda has some great points but BV can now be rendered and bagged with good effect as well!

Simon Macks
Mortgage…[Read more]

Most lenders have a term of 5 years for the IO period – some are ten. You can usually negotiate an extension.

I wouldn’t bother splitting the IO. Just make it 100% IO and then pay whatever you want into the loan. Just because it is IO doesn’t mean you cannot pay extra.

All the best,

Simon Macks
Mortgage…[Read more]

If they charged as much as my plumber I probably would [blink]

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

NODOC Loan – 65% Loan – No questions asked! 6.85% Rate!!

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a…[Read more]