PropertyInvesting.com | PropertInvestor | Activity https://www.propertyinvesting.com/members/propertinvestor/activity/ Activity feed for PropertInvestor. Wed, 15 Apr 2026 08:07:07 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 7adcf4a64c8226ebd9b201ab911faa6f PropertInvestor replied to the topic HSBC or Citibank in the forum Overseas Deals https://www.propertyinvesting.com/topic/hsbc-or-citibank/#post-4645427 Tue, 02 Aug 2011 09:56:30 +0000 Once they send email with Application Form. It says followingPlease specify the Purpose of account opening (Investment in Property in USA, General savings, Rental Income etc. are not acceptable by the USA to set up accounts with them)Also additional proof needs to be provided in case the Purpose of account opening is Relocation to the USA for work…[Read more]

]]> 06e493028b6199df5cdd28e8da82f840 PropertInvestor replied to the topic How to finance a property in the USA in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402370-how-to-finance-a-property-in-the-usa/#post-4639244 Mon, 09 May 2011 12:24:19 +0000 Anyone able to get FINANCE for USA property ?

]]> 02e1560159d2b58485b5d74a8430b4d9 PropertInvestor replied to the topic Financing U.S Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402569-financing-u-s-property/#post-4640439 Tue, 25 Jan 2011 21:50:17 +0000 Hi Cheeves,Keep us posted. What would be your fees for loan application…

]]> 095985a56eb2d1230ba0c397110fd251 PropertInvestor replied to the topic My USA Property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400967-my-usa-property/page/5/#post-4630453 Fri, 14 Jan 2011 21:41:32 +0000 100% Agree with you mate. Also with your numbers. It is not about what price for what service, It is just there monopoly at the moment. Since ideally no one in Australia is providing loan for US. Bad for consumer. Simultaneously, I would like to say something is better than nothing. At least someone is providing loan facility. They have taken a…[Read more]

]]> 4dc5a6bf1e6585d1bf3f43cdaa8dd640 PropertInvestor replied to the topic Financing USA property ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402279-financing-usa-property/#post-4638643 Mon, 27 Dec 2010 01:12:49 +0000 Hi Richard, Thanks for your reply. Can you please explain how 'National Consumer Credit Protection Act' is stopping us for applying loan to buy US properties.Any alternates / suggestion (apart from security /LOC ) please for applying loan to buy US property. 

Qlds007 wrote:
Rule change is not quiet correct and is more the implementation of the…[Read more]

]]> 91ed23c7d2e58726fb3274fb76270eef PropertInvestor replied to the topic Financing USA property ? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402279-financing-usa-property/#post-4638641 Sun, 26 Dec 2010 23:30:15 +0000 Merry Christmas Treasure Hunter,Thanks so much for such a nice reply. I was really not expecting any reply on this.I have contacted Loans USA, after 2 weeks or so I got first reply. I am waiting for further info from them. Lets see. I will give a call to them after these holidays, lets see if they pick as they are very busy  tayloredfinancialsoluti…[Read more]

]]> 032664e5f065b81ef1064deb3fcf6f6b PropertInvestor replied to the topic Recommend Property Development Management Companies, Sydney, Nsw in the forum Initially duplex, townhouse https://www.propertyinvesting.com/topic/4401780-recommend-property-development-management-companies-sydney-nsw/#post-4635552 Mon, 08 Nov 2010 07:52:32 +0000 Initially duplex, townhouse etc. Later units. Do you have recommendation or suggestions please ?

]]> c40ced9f8f24a83d5d5f0428b3475a8e PropertInvestor replied to the topic Before Buying - Things to keep ready in the forum General Property https://www.propertyinvesting.com/topic/4398930-before-buying-things-to-keep-ready/#post-4618029 Tue, 09 Mar 2010 20:42:45 +0000 Thanks Ryan. Finalizing few things. I am close to buy my first.

ryan mclean wrote:
Cons of trust – Harder to get lending, and more complicated when it comes to tax return Pros of trust – There are so many pros. The asset protection is amazing and second to none. I would never invest without a trust. If someone sues you without a trust you are…[Read more]

]]> a7c92c0bd491ed7db7bb34e889677880 PropertInvestor replied to the topic Trust or No Trust - 1st IP ? in the forum Ok Terry. Will do. Tried https://www.propertyinvesting.com/topic/4398968-trust-or-no-trust-1st-ip/#post-4618272 Wed, 03 Mar 2010 10:47:37 +0000 Ok Terry. Will do. Tried reading some older threads and some of your posting as well on trust but those were confusing to start with. So thought to ask and get some general idea.Thank you Ryan. That gives good idea to start reading more about trust. Reading this "There are many advantages to using a trust and a few disadvantages.",  "I would…[Read more]

]]> 2329161ce440302e8ab449ce160aac80 PropertInvestor replied to the topic 95% or 80% loan ? in the forum Finance https://www.propertyinvesting.com/topic/4398965-95-or-80-loan/#post-4618259 Wed, 03 Mar 2010 10:09:02 +0000 ryan mclean wrote:
If you do buy at 95% LVR I recommend you aim to get your properties to 80% LVR. This protects you in the future from unforseen circumstances

Ryan, Thanks for reply.How about taking 95%+LMI if bank approves and putting 15% (95-80) or backup money in offset a/c for unforseen circumstances as well as handy cash? Thoughts Pls…[Read more]

]]> 161feab715859129f1468843cf53191f PropertInvestor replied to the topic Before Buying - Things to keep ready in the forum General Property https://www.propertyinvesting.com/topic/4398930-before-buying-things-to-keep-ready/#post-4618027 Sun, 28 Feb 2010 10:51:01 +0000 Personal name or Trust  – I am yet to decide this. Need to understand pros and cons of both. But an individual in both case's.

]]> 0b26e4318d684812b24cee4689c2db9f PropertInvestor replied to the topic Changing job effect applying loan ? in the forum Finance https://www.propertyinvesting.com/topic/4398925-changing-job-effect-applying-loan/#post-4617999 Sun, 28 Feb 2010 09:53:19 +0000 ok. Got it. Earning more via contracting may create prob's in getting loan specially in initial days of contract. I need to think before I start contracting. But I want to do to save or earn more.Really it may be a huge bottle neck for me in buying IPs specially for 1.5 – 2yrs of contracting period.

]]> b624774469509f930057a0bfc7a4adc5 PropertInvestor replied to the topic Pre-approved loans - How it works ? in the forum Finance https://www.propertyinvesting.com/topic/4398929-pre-approved-loans-how-it-works/#post-4618017 Sun, 28 Feb 2010 09:43:15 +0000 1. So if less they will give me 95% of 310k (property price) ?2. And if more to avoid re-approval stuff, whether it is advisable to get MAX loan. Say you intend to buy IP for 350k, so better to take pre-approved loan for 400k ?3. What most of people do they get pre-approved loan or they get loan when they selected the property to buy ?

]]> 91858c241663c137fa0b7caf7bf719f9 PropertInvestor replied to the topic Changing job effect applying loan ? in the forum Finance https://www.propertyinvesting.com/topic/4398925-changing-job-effect-applying-loan/#post-4617997 Sun, 28 Feb 2010 09:38:34 +0000 Ok. So, in my initial days of contracting – say I just started a six months contractI can get 80% LVR, but to get more then that say 90%, probably I need show regular contracts for 2yrs period (approx)I really have plans to do contracting depending on various things but just wanted make sure it doesn't create problem's in buying IPs, IPs, IPs.

]]> 0948790ce5f05d9c8ca28a182d1455df PropertInvestor replied to the topic Changing job effect applying loan ? in the forum Finance https://www.propertyinvesting.com/topic/4398925-changing-job-effect-applying-loan/#post-4617995 Sun, 28 Feb 2010 09:13:37 +0000 ok. Just another thought for better planning for future. I have rough idea of doing contracting in future – don't know now exactly when may be after six month, may be not at allWill I get loan on following condition (I know it may depend on many things, but would be happy to have thoughts)a) 80% loan when I am doing contracting (say six months…[Read more]

]]> 34fe991f8bc64870cfc918a2e23e182b PropertInvestor replied to the topic Changing job effect applying loan ? in the forum Finance https://www.propertyinvesting.com/topic/4398925-changing-job-effect-applying-loan/#post-4617993 Sun, 28 Feb 2010 09:01:55 +0000 Ok. What happens if I do contract job – may be six month contract ?

]]> 8da03e53c2a1f7047a3e9975bcb2d3c3 PropertInvestor replied to the topic Changing job effect applying loan ? in the forum Finance https://www.propertyinvesting.com/topic/4398925-changing-job-effect-applying-loan/#post-4617991 Sun, 28 Feb 2010 04:35:42 +0000 I will be definitely need 95% + LMI + 100% offset a/c. Earning good salary, working for more then two years with current employer. Not at junior level. Will be in same industry/line of work if I change my job.Note: I haven't changed my job yet. Working for more then 2yrs with current employer. Just trying to understand the things as I may change.…[Read more]

]]> 378adf805684d3d42b21243bbc17c5cc PropertInvestor replied to the topic Buying before financial year end (30th June 2010) in the forum General Property https://www.propertyinvesting.com/topic/4398880-buying-before-financial-year-end-30th-june-2010/#post-4617706 Thu, 25 Feb 2010 23:05:52 +0000 Hmmm, Above deal is @ 6.55%, 30yrs, 15$/pm for offset a/c.I need to check some similar home loan (as above) with interest in advance. See my other thread on home loan – https://www.propertyinvesting.com/forums/getting-technical/finance/4331003And from duckster link – I see can pay MAX 12 months advance interest.

]]> 9504f68c74135e0a80df60a835fbdfc4 PropertInvestor replied to the topic Buying before financial year end (30th June 2010) in the forum General Property https://www.propertyinvesting.com/topic/4398880-buying-before-financial-year-end-30th-june-2010/#post-4617704 Thu, 25 Feb 2010 13:44:33 +0000 Terry, got itNow have to check the loan am planning BW, IO, 95%+LMI, 100% offset allows 'interest in advance' or not duckster, nice article link give by you.

Terryw wrote:
I was suggesting that any costs may need to be apportioned if the property wasn't available for rent for the whole year.see…[Read more]

]]> c771c1cecc8ba63e96d14f13c74e3897 PropertInvestor replied to the topic Suncorp Home Loans 95% + LMI ? in the forum Finance https://www.propertyinvesting.com/topic/4398881-suncorp-home-loans-95-lmi/#post-4617715 Thu, 25 Feb 2010 03:23:30 +0000 Thanks Banker. Will checkout cba. Do they have Interest only payment option with 100% offset ?

Banker wrote:
Get a credit card with Cba. In six month you will be elligible assuming everything else stacks up. They have a 3 year variable at 5.93% that reverts to a base variable after three years . Base variable currently approx 6.1%. 600 app fee.…[Read more]

]]> 381f63aba98609201f4094a96640f854 PropertInvestor replied to the topic Buying before financial year end (30th June 2010) in the forum General Property https://www.propertyinvesting.com/topic/4398880-buying-before-financial-year-end-30th-june-2010/#post-4617702 Wed, 24 Feb 2010 21:13:56 +0000 Thank you duckster, Terryw, Scott No MatesWhat I got from above is If I can get the settlement and rent out before June 10. I can pay the pre interest and and show these as an expense for deduction.Few info about my situation As per my calculation my property will not be -ve geared. It will be either +ve or neutral. And I am planning to get IO…[Read more]

]]> cbeef0addb6dd053620f118db93c3b4c PropertInvestor replied to the topic Suncorp Home Loans 95% + LMI ? in the forum Finance https://www.propertyinvesting.com/topic/4398881-suncorp-home-loans-95-lmi/#post-4617713 Wed, 24 Feb 2010 20:50:01 +0000 Thank you both. I don't have any debt yet, this is my first IP, current renting and not any defaulter to any payment. And having good salary. I believe I have good credit report. Is the above rate is good for 95% + LMI and they charge $15/mth for offset a/c ? How is the exit policy of Bankwest ?Do you have any recommendation for any home loan…[Read more]

]]> 4fcb952c7c81d90e8e75d21245caaa05 PropertInvestor replied to the topic Suncorp Home Loans 95% + LMI ? in the forum Finance https://www.propertyinvesting.com/topic/4398881-suncorp-home-loans-95-lmi/#post-4617709 Wed, 24 Feb 2010 09:12:45 +0000 Thanks Richard. In my above post. I got wrong understanding that suncorp will give IO only. I came know that they will not on 95% specially. Anyhow, you didn't them useful either way. Can you suggest on Bankwest pros and cons. And specifically how is exit process of bankwest ?BankWest95% + LMIInterest Rate – 6.5530yrsLMI on top – $10,000Monthly…[Read more]

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