Forum Replies Created

Viewing 5 posts - 1 through 5 (of 5 total)
  • Profile photo of nbwestnbwest
    Participant
    @nbwest
    Join Date: 2007
    Post Count: 6

    Hi Saraya and Shane,
    It is complete, and I’m happy to accept PayPal.
    PM me your email and I’ll send through a bunch of photos to make sure your happy.
    Thanks,
    Nathan

    Profile photo of nbwestnbwest
    Participant
    @nbwest
    Join Date: 2007
    Post Count: 6

    It depends on where you look.
    There are still places out there with houses going for $50k.  Queenstown Tas for one.
    It's a small mining town to be sure and probably not the nicest place to live, but if the due diligence stacks up, if there is plenty of mineral (copper in this instance) left for the digging, the company is going OK and the rental vacancy isn't to high, then it could be a chance to get the foot in the door.  I haven't done full due diligence on this place, so I'm not endorsing it, just pointing out that these cheap places are still out, just not in capital cities.
    If you do get down there to take a look, could you pass on the low down.  I haven't made it down there yet.  :-)

    Best of luck breaking in to the market.  I'm in the same position.

    Nathan

    Profile photo of nbwestnbwest
    Participant
    @nbwest
    Join Date: 2007
    Post Count: 6

    Are there any other restrictions placed on the 100%+ loan?
    We are looking at doing a 6 month live-in renovation project in the ACT in order to build up some investment capital. Would the fact the we plan on living in it in order to claim the FHOG affect our ability to get a 100%+ loan?
    Also, what sort of interest rate is applied to these loans?

    Cheers

    Profile photo of nbwestnbwest
    Participant
    @nbwest
    Join Date: 2007
    Post Count: 6

    I’m still new to this game and haven’t “got out of the comfy seat” yet, but I’ve been using http://www.domain.com.au/public/apm/default.aspx?mode=research while researching new areas.

    Profile photo of nbwestnbwest
    Participant
    @nbwest
    Join Date: 2007
    Post Count: 6

    Have you had any luck yet Ben?
    My Girlfriend and I are also looking for a local accountant with this sort of experience, but haven’t interviewed any yet. Have you found any that we should avoid?
    One possibility is Tim Hull. He is opening up a Destiny Financial Solutions office in the ACT some time this year. I haven’t delt with Destiny, but it seems that their consultants are all active investors.
    Have a look for yourself, http://www.destiny.net.au.

    Has anyone else out there had any experience with a Destiny office?

    Cheers,
    Nathan

Viewing 5 posts - 1 through 5 (of 5 total)