Hi KeikoSure it would be $2958.CheersYours in Finance

Hey Terry keep up old mate.I posted that 1 minute earlier lol.CheersYours in Finance

KeikoNo hate to say neither Citibank or ING are offering it anymore.ING operate a REF instead of LMI which can be slightly cheaper although comes with certain conditions depending on the property location and stability of the clients residency / employment history.Yes 90% is available with No LMI subject to the strength of the borrower.CheersYours…[Read more]

Yes i can see why the confusion.Whilst Michael might believe in his own heart that Break Costs on Fixed Rate loans are not Exit Fees, it is widely acknowledged that they are unfortunately the legislation disagrees with himThe National Consumer Credit Protection Amendment Regulations 2011 became law on 23 March 2011. These regulations amended the…[Read more]

Heh SolomanI wont be coming until the temp is over 20 degrees lolGuys anyone interested drop me an email and i will put you on the invitation list.Jac M that doesnt mean you as you are on the priority list.CheersYours in Finance

Heh JacLooking at doing an investor evening down in Melbourne once i get back from Canada so dinner is on me that night if you free.Might have to get you be my venue co-ordinator.CheersYours in Finance

Hi JohannYes anything involves any form of credit requires a license.From next year the 18 year girl behind the counter at Harvey Norman selling you a computer on 36 months lease is going to need to be licensed. Same with the second hand car salesman who tells you he will finance any client irrespective of your credit record or income.CheersYours…[Read more]

Oh they will pass some one but it wont be the full amount and i think thats the RBA was concerned about.Had they gone 50 bps and the Banks passed on say half they start to lose amunition.As it stands they can gauge it for another month and see what another reduction does for the market and retail sales in particular.CheersYours in Finance

Hi Kirstyif you want to email the real estate link to the property so i can have a look for you and let you know what is achieveable.Don, they have no minimum square metre policy but must consist of at least 1 bedroom. Got a deal going thru for a forum member that is only 32 Sq Metres and that has been approved.CheersYours In Finance 

Don Yes that was the product i would have suggested that would get around that issue but CBA wont do studio units.CheersYours in Finance

Mustafa dont waste your time with the local Banks as they wont have a clue.You need a Broker with a wee bit of experience.Advertising on this site is not allowed but i have 101 clients in Melbourne if you wanted to shoot me an email with some numbers i will give you an honest unbiased view of what can and cannot be done.CheersYours in Finance

Hi JohannGood for her.I am looking at doing a few interstate trips (Sydney / Melbourne / Adelaide / Newcastle) to provide such as service to both First Time Buyers and Investors alike as i am getting dozens of enquries from potential clients who appear to be getting extremely poor or no credit advice on matters at all.Might have to make you my…[Read more]

property eclipseThis link might guide you thru the myriad of legialtion which is the National Consumer Credit Acthttp://corrigan.austlii.edu.au/au/legis/cth/consol_reg/nccpr2010486/I would do a little more research before you spend money on Rick's course.Dont want to put you off but there are limitations at what you can do.CheersYours in Finance

Whilst the Qld Govt might have approved the Alpha mine the Federal Govt have put a hold on it.Be interesting to see how Campbell takes on the Feds to get this one over the line quick smart.CheersYours in Finance

Bank of Qld the first to make a move and they have dropped their rate by 20 bps.CheersYours in Finance

Hi MustafaBe suprised how many times i get approached with a very similar proposal.Without hard data it is difficult to advise further but in the main on a small deal like this:1) A pre-sale wont do you much good. Residential lenders dont lend against pre-sales.2) Knocking the property might initially reduce the value as you will only be left with…[Read more]

Hi KirstyWelcome to the forum and hope you enjoy your time with us.At 30 sq Metres and being a studio unit i think you will struggle.Have a couple of lenders who will do 30 sq Metres but they want the property to at least have 1 bedroom or certainly have a separate bathroom / laundry.Also in regards to separate loans you could certainly split the…[Read more]

David no reason whatsoever why you wont get it done as a resi deal that way.Done a lot of them in Brisbane like that.CheersYours in Finance

Hi BradI am sure your passion is clear to see and no doubt you have spent a motza on seminars however i just wonder how you can describe yourself as a property investor and life coach when your serviceability is insufficient to purchase another IP.I have 3 kids and a property or twenty two and certainly would never hang my hat out there as a…[Read more]

Yes Derek my sentiments exactly but i assumed all PF wanted was an unecumbered home.CheersYours in Finance