PropertyInvesting.com | nzuvo09 | Activity https://www.propertyinvesting.com/members/nzuvo09/activity/ Activity feed for nzuvo09. Wed, 15 Apr 2026 05:42:24 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 0d6ab6a26a1136451b1641d013eb4c55 nzuvo09 replied to the topic Loan structure for converting PPOR to IP in the forum Thanks Jamie Just trying https://www.propertyinvesting.com/topic/4402329-loan-structure-for-converting-ppor-to-ip/#post-4639012 Tue, 04 Jan 2011 08:59:58 +0000 Thanks JamieJust trying crunch some numbers regarding the post tax benefit (in particular savings we will be making) regarding the above situation, and need some help!! See additional info below:*Current PPOR repayments = $ 439/wk (P&I) @ 7.16% interest*Move out and rent @ $300/wk max*Likely rent if PPOR becomes IP = $290+/wk (conservative,…[Read more]

]]> d5c2aa71b8929f01c7fc685e0c58d464 nzuvo09 replied to the topic Loan structure for converting PPOR to IP in the forum General Property https://www.propertyinvesting.com/topic/4402329-loan-structure-for-converting-ppor-to-ip/#post-4639010 Mon, 03 Jan 2011 01:49:08 +0000 Thanks Jamie for your valuable response.Just wondering though whether we should leave the current loan type when refinancing to IO, and is there any implications with the refinancing, break fees, etc, and also any tax issues?Also is it a good idea after opening the O/A to have all pay dropped into it and have the most of the bills if not all come…[Read more]

]]> b15fcf940238e9f9e26894724932891c nzuvo09 replied to the topic Tell Me How You Got Started :) in the forum Help Needed! https://www.propertyinvesting.com/topic/4400937-tell-me-how-you-got-started/page/2/#post-4630238 Sat, 13 Nov 2010 08:30:04 +0000 Qlds007 wrote:
Hi ScottyGrab a copy of July 2010 API magazine and you can read about how i got started.

Can anyone let me know what page it is in the API? Cheers

]]> ddf75641d9e3ff23d36d4c7f9d785b92 nzuvo09 replied to the topic Looking to buy 1st IP in the forum General Property https://www.propertyinvesting.com/topic/4397769-looking-to-buy-1st-ip/#post-4611319 Sun, 07 Mar 2010 11:26:01 +0000 With regard to securing a 90% equity loan, do we have to open a LOC = 0.9 x $300k OR just a LOC (e.g 50k) to cover deposit & loan costs?At the moment we thinking to limit our IP loan to $250k max and hope this will also help our serviceability when the property is rented out. What do you think of this idea Rich?

]]> 1261028759fccd7e4b9776c27c87b58b nzuvo09 replied to the topic Looking to buy 1st IP in the forum General Property https://www.propertyinvesting.com/topic/4397769-looking-to-buy-1st-ip/#post-4611318 Sat, 28 Nov 2009 12:55:27 +0000 Thanks a lot Richard for your valuable advice. I suppose we might have to save a bit to get our self to a more better position to secure an IP. With regard to securing a 90% equity loan, do we have to open a LOC = 0.9 x $300k OR just a LOC (e.g 50k) to cover deposit & loan costs?At the moment we thinking to limit our IP loan to $250k max and hope…[Read more]

]]> 7c7f31ae46ac7886a38a0a80da3e596f nzuvo09 replied to the topic Looking to buy 1st IP in the forum General Property https://www.propertyinvesting.com/topic/4397769-looking-to-buy-1st-ip/#post-4611314 Sun, 22 Nov 2009 01:40:25 +0000 We just had our property valued at $300k, does this help?

]]> 012b1ecaac946c862475f995a4cddac9 nzuvo09 replied to the topic Looking to buy 1st IP in the forum General Property https://www.propertyinvesting.com/topic/4397769-looking-to-buy-1st-ip/#post-4611312 Sat, 21 Nov 2009 16:10:11 +0000 Is it possible at this stage to open LOC with my current bank and borrow 80% with a different bank? We will be using the LOC for deposit and to cover other purchase costs.

]]> b5330a50a965d4fb50ef7685a55daaf1 nzuvo09 replied to the topic Looking to buy 1st IP in the forum General Property https://www.propertyinvesting.com/topic/4397769-looking-to-buy-1st-ip/#post-4611311 Wed, 11 Nov 2009 22:00:36 +0000 Thanks Rich for your help on this one. It appears that we will have to save a bit to get to a better solution. At the moment i'm on $55k & my partner is on $45k. I'm also wondering how would we go with using our PPOR for equity?

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