Similar with RIPs you will often trade off CG for yield as you move away from the capital cities.

Yields are usually higher as are the risks. Tenants can be harder to find and vacancies longer.

Cheers,

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@mortgagehunter.com.au
0425 228 985

Comments may not…[Read more]

We do have lenders that will go to 70% on a low rate and you can get LVR even higher if you are willing to pay a little more.

A lot depends on the property, the lease and the location,

Cheers,

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@mortgagehunter.com.au
0425 228 985

Comments may not be…[Read more]

Please don’t use my advice as any authority to commit fraud. I said that you had to move in within the first year for a 6 month period. Your lawyers are wrong – no surprise there.

If a person does not move in before the end of the first year and stay there for at least 6 months then they are defrauding the Commonwealth and are a criminal.

Lets…[Read more]

Can you explain this loophole that lets you use the FHOG and not reside in the property?

Thanks

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@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]

If you believed it was a good investment then there is no reason why you couldn’t.

Do your research though.

Cheers,

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@mortgagehunter.com.au
0425 228 985

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

Hi Jenny,

Just to clarify for those out there who are reading this thread I am not a broker just in case people got confused.

Derek
derekjones1@bigpond.com
http://www.pis.theinvestorsclub.com.au
0409 882 958

[/quote]

But if you were I’d use you [biggrin]

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70%…[Read more]

Being strongly influenced by the university our local rental market is at it’s strongest in Feb and at it’s weakest about now.

I don’t feel too much concern. I doubt the sky is falling.

Did you read this article Clones? Perhaps there is some hope on the horizon for us poor property investors [blink]

HIA Media Release “Sydney Faces Rent…[Read more]

You are walking down a road and you encounter a fork in the
road and you do not know the correct way to go.
There are two men standing at the junction and both
know the correct road. One man always lies, and the
other man always tells the truth, but you do not know
who is the liar and who is the one who tells the truth.
You can only ask each man…[Read more]

The more experienced investors invariably choose IO loans. Even on their PPOR.

Cheers,

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@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…[Read more]

http://www.strategicwealthmanagement.com.au

Will set up and run trusts and are located in Sydney – also have a great reputation.

Cheers,

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@mortgagehunter.com.au
0425 228 985

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

Why don’t you use the search function and see what you can find – there has been plenty of dicussion about them in the past.

Cheers,

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@mortgagehunter.com.au
0425 228 985

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

Post it mate.

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@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.

Nathan you will never live up to your Nickname if you just use free legal docs that aren’t tailored to your needs.

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@mortgagehunter.com.au
0425 228 985

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

Truth is non negotiable and the only time I would consider deviating is to spare someones feelings where it does noone no harm….Does this make my bum look big?

Once you start being flexible with matters of integrity you are on a path that leads to your reputation and character being questioned. What others think of you is important.

What you…[Read more]

I think it boils down to two things when deciding on a broker.

That he has your best interests in mind all the time, and

That he understands what investors need – not just done mum and dads home loan and topup for a boat etc.

How do you find that?

I think the only way is through a referral from someone you trust.

So ask around is my…[Read more]

I think it will prob rent well being close to transport etc but you may find difficulties when selling. Ensure you get the best price possible to make up for your having to sell it under the value of a comparable property two streets back.

Cheers,

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70%…[Read more]

Nick Moustacas http://www.strategicwealthmanagement.com.au is in Sydney and is very good.

Cheers,

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@mortgagehunter.com.au
0425 228 985

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

All of them.

It really depends on the LVRs of each property.

Cheers,

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@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]

What will your clubs aims be? To share info or invest together?

Why do you have a submission closing date? [suave2]

Cheers

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@mortgagehunter.com.au
0425 228 985

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

It is not a loan I am writing atm but if you drop me an email I will pass it someone who can look after you.

Cheers,

Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
simon@mortgagehunter.com.au
0425 228 985

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