Fixed interest rate of nearly 9% with his company? Thats about 2% over the current 5 year rate.

Either this is a punch and judy show or you have been duped/scared into paying a higher rate than you could have got elsewhere.

And for $400!

Something smells fishy to me. From your intitial enquiry to his advice and your decision all seems a bit…[Read more]

What place are you from?

[blink]

Cheers,

Simon Macks
Finance Broker
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.

I am Sam, Sam I am…..

Why don’t you give me a call.

Cheers,

Simon Macks
Finance Broker
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.

I suggest you consider working with another broker to learn the ropes and have someone experienced to double check you.

Cheers,

Simon Macks
Finance Broker
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]

As Terry said a NODOC is possibly an option. Watch the interest rate tho – most are high but some are as low as 7.1%.

Cheers,

Simon Macks
Finance Broker
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]

Yes there is – depends a lot on your deposit.

I suggest you contacvt a mortgage broker and just get some advice at this stage to help with your planning.

All the best,

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

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

Ozi,

If you are staying within the same industry then you shouldn’t have a problem.

Cheers,

Simon Macks
Finance Broker
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.

Have a think about what you want from this property.

If a quick gain then the market might not be suitable at this point. However if you want a long term home that will appreciate as the market rises (or depreciate if it falls) then it might be the right time.

All the best,

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228…[Read more]

You said the owners own the copyright?

Surely they then can do what they wish with them?

Simon Macks
Finance Broker
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.

Read as many as possible!

Simon Macks
Finance Broker
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.

We used pre made Spotlight curtains and got some very favourable feedback from tenants.

I wouldn’t do the expensive venetians until selling time!

Just my opinion for what it is worth [blink]

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

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

Well I guess they said make an offer because they also don’t have a value in mind.

I am thinking that I would offer something like $500-1000. There is probably no competition and they will welcome this cash for simply copying documents they have tucked away somewhere.

Worst that can happen is that they counter offer then you can take it from…[Read more]

Originally posted by landt64:
Hi Mandy,
I have to say that I’m a bit worried that you’ve been sold a property with an artificially inflated rent. If you can still get $250 rent after the lease is up then I’d say you’d bought well.
Good luck.
Landt

Why do you say that Landt?

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228…[Read more]

Originally posted by FireCaesar:
Ok, here’s what i’m getting … so with a NODOC loan, I can get a 65% leverage (LVR) pretty easily?

Nodoc as in unsecured loan, unemployed person?

With a NODOC anyone can borrow 65% of a properties valuation or purchase price (lower of the two). Employed, unemployed, pensioner, anyone at all. Don’t even need…[Read more]

A 65% NODOC is the only solution I have for an unemployed person. Interest rate of around 7.1% after the recent rate rise.

Cheers,

Simon Macks
Finance Broker
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]

Several of my clients use them and all are very positive about Mic and Debbie.

Cheers,

Simon Macks
Finance Broker
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.

It is easy enough to organise through DHA.

Not sure what you mean about a scam – is quite hard to understand your question.

Cheers,

Simon Macks
Finance Broker
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…[Read more]

Keep posting mate – you will get there [biggrin]

Simon Macks
Finance Broker
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.

Aren’t speculators usually traders?

In and out of a deal?

Simon Macks
Finance Broker
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.

If he pays no tax then what can he claim it against?

He may find some pos cashflow properties useful?

I am impressed that he has been able to finance his properties on a disability pension! An inspriration to those who feel they have hit their limit!

Simon Macks
Finance Broker
simon@mortgagehunter.com.au
0425 228 985

Comments may not be…[Read more]