That’s right!!

Thanks

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

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

Go to my website and follow the fhog links to the OSR.

That covers it.

Call me and I will show you how it works.

Cheers,

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

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

Nope.

If you live in the property as your home in the first 12 months you can get it.

If you don’t live in it at all you can still get it when you buy your home.

If you live in the IP after 12 months then you lose the entitlement.

Cheers,

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

Comments may not be relevant to…[Read more]

Contact other banks who may be keen for your business or see a broker who can run some figures for you.

Cheers,

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

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

Apparently, the big 4 won’t even offer to negotiate if you dun borrow in excess of 500k to over 1 mill.

This is not the case. I have negotiated great rates on quite small loans with banks of the big four…

Cheers,

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

Comments may not be relevant to individual circumstances.…[Read more]

Not me either. Unless it is a double post or blatant spam I always advise what I am deleting.

Cheers folks,

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

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

Yack has the right method, however there is nothing to stop you using the lender of your choice.

Pro Packages are attractive here too. I would be looking at those with you if you were my client. Post here if you need advice re these.

Good luck.

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

Comments may not be relevant to…[Read more]

After seeing many botched jobs I wouldn’t dream of doing it myself. This is the are where I wouldn’t try to save a few dollars.

Having said that, if you are confident in ouy ability then Bunnings run some info sessions and hire the equipment out.

All the best,

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

Comments may not…[Read more]

If you want IO for the long term then a LOC will do it for you.

Cheers,

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

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

Originally posted by investron:
Thanks, I thought about that.
Son not mature enough to have full control yet.

If you are concerned that he might sell you could always lodge a caveat.

Cheers,

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

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

Five years is typical. Ten is possible.

Rolls over to P&I but further IO can be negotiated.

Cheers,

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

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

CBA = Commonwealth Bank

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

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

Easiest way is to put it in his name.

Cheers,

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

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 think you guys place way too much importance on these scores.

Think you should play outside a little more![biggrin]

Bags not being the mod to score them!

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

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

Most fully featured loans are around the 6.5% mark. These are P&I or IO.

There are some budget style loans available for less.

Hard to advise you on what to do without really knowing enough to get a feel for your situation and goals.

Cheers,

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

Comments may not be relevant to…[Read more]

Welcome Brenda!

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

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

Lighten up mate [biggrin]

Or as they told us in the Army – harden up son – take a viagra!

Cheers,

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

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

We are doing something similar. We have found the duty planner in at council very friendly and approachable. If yours is similar then I think you might learn a lot by sitting with him for 20 min and buying a copy of the LEP. Ours was $15.

Great place to start.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228…[Read more]

They certainly are getting hard to find. With the current climate there probably isn’t a great urgency – esp as compared to say 12 months ago.

When you are ready the opportunity usually appears – you just need to be receptive and know the market well enough to recognise it.

Get some kilometres up!

Enjoy yourself too.

Cheers,

Simon…[Read more]

Do you have any other debt?

Cheers,

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

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