Brisbane is alive with good value bargains at the moment.

Some great potential development sites or value add on areas.

Cheers

Richard

Hi Bec

Yes i must in 28 years of mortgage broking i think i have only suggested to 1 client they cross collateralise their home loan and that was largely due to a LMI saving.

Some Brokers like to recommend the strategy it as it makes refinancing down the track a lot harder and of course if you don’t refinance the preservation of their income…[Read more]

I actually employ someone full time who looks after all the bookeeping, property management, paying council rates, land tax etc as well as my Vendor Finance book.

She has been with me for 12 years and is very well paid but worth every penny.

Cheers

Yours in Finance

Hi Lee

Yes we can work off net GST Gross realisation subject to our own valuation.

Cheers

Yours in Finance

Hi Lee

I run a 100M+ Private Lending Fund so might be able to assist you.

Feel free to drop me an email with your submission and be happy to look at it for you.

Cheers

Yours in Finance

Hi FXD

Yes we are seeing this day in day out with many clients who have equity but unable to access it and move forward with their existing lender.

All part of a brokers loan structuring armour.

Cheers

Richard

In the main 7.25% on both existing & new debt but there are a number of differences in the interpretation.

Odd second tier lender still working off actuals for existing debt but a dying breed.

Cheers

Yours in Finance

Hi Chris

Firstly welcome aboard and hope you enjoy your time with us.

0-130 is a great read especially as you start out but I think even Steve would agree that those strategies that applied when the book was first written have changed considerably over the years.

Regretfully even with the strongest will in the world no lender will allow you to…[Read more]

Hi Mel

Matter of working out the structure you currently have, what you want to achieve from the refinance and then what your future goals are going forward.

What we often see is a client with a mass cross collateralised mess and this can often take a while to undo but with an appropriate choice of lender and correct structure it can set you on…[Read more]

Hi Danny

Good to hear you don’t charge a fee to your clients.

Can we confirm that is for established homes as well as knew property?

Cheers

Yours in Finance

Hi Michael

Welcome to the forum and I hope you enjoy your time with us.

Might be slightly biased but I would look at Brisbane.

Market here is just starting to kick along nicely.

Cheers

Yours in Finance

Hi Barlow

Happy to send you a couple of interviews i have done with a number of publications which might give you some insight into how to build a portfolio.

I have used a number of strategies over the last 25 years which enabled me to build a unencumbered portfolio with a value in excess of 40M.

Cheers

Yours in Finance

Hi Steven

Option 2 is certainly doable and interest rate would usually be higher than the interest rate on the first split if you are going IO on split 2.

In saying that you may find you can improve the rate on split 1 be refinancing to compensate for it.

Cheers

Yours in Finance

Hi Lolo

Sure my email address is on my signature.

Cheers

Yours in Finance

Tycoman you join the forum in 2016 and then post your 2 replies 2 years later……

Cheers

Yours in Finance

Wow never seen a post with so many maiden posters all endorsing a company with their first and only post.

Even more amazing is the time between the posts.

Cheers

Yours in Finance

Hi Ho

No he is limited to what he can buy even if he is a Director of a Company being a non-resident.

Yes that is possible however there other considerations including Stamp Duty and CGT to be considered.

Cheers

Yours in Finance

I think what Jsoe is referring to is selling the property at a favourable price to a related party i.e Sister.

There is nothing to stop you selling the property at any price however if the sale was done on favourable terms (Substantially less than the market value) then the State Govt may require the purchaser to pay stamp duty on the deemed…[Read more]

Hi Hung

Welcome to the forum and I hope you enjoy your time with us.

If your friend is a Non resident he will be limited to what he can purchase and will require the approval of the Foreign Investment Review Board.

Nothing to stop him being a Director of an Australian Company as long as there is 1 Director who is a permanent resident but this…[Read more]