I guess if you write the same response to the last 20 posts you might get someone to read it.

Thankfully it will will cleaned up shortly.

Cheers

Yours in Finance

Thanks Ethan i have dealt with it.

Cheers

Yours in Finance

Course Mikey remember the calculator is only a guide.

2 lenders who both insure with Gemworth will quote you 2 different amounts.

Cheers

Yours in Finance

Hi Sector & Michelle

Firstly welcome both to the forum and I hope you enjoy your time with us.

Establishing your borrowing capacity is certainly the first port of call and then mapping out a plan to move forward.

There are a number of ways to make money in the property market depending on your comfort level and experience.

Feel free to shoot…[Read more]

Hi Ian

Like you I have been investing in Brisbane for over 20 years and have built a property portfolio worth in excess of $30M. Thankfully i own all of our properties outright without any debt.

Personally other than retaining a property which we have developed I have never purchased a new property.

I disagree with you comments in regards to…[Read more]

Hi Ian

Like you I have been investing in Brisbane for over 20 years and have built a property portfolio worth in excess of $30M. Thankfully i own all of our properties outright without any debt.

Personally other than retaining a property which we have developed I have never purchased a new property.

I disagree with you comments in regards to…[Read more]

Hi Ian

Like you I have been investing in Brisbane for over 20 years and have built a property portfolio worth in excess of $30M.

Personally other than retaining a property which we have developed I have never purchased a new property.

I disagree with you comments in regards to premium tenants and maximizing tax deductions.

Where the property…[Read more]

As a licensed Real Estate agent Ian I assume you also recommend second hand properties to your investor clients?

Can you confirm this.

Cheers

Yours in Finance

Wouldn’t your Broker have known that CBA used a sensitised rate on external loans whether they be in this Country or not ?

UK housing rates in the main would be less than 3.5% so Mike will be better off to use a lender that doesn’t sensitise the rate on external debt at the same level.

Cheers

Yours in Finance

Hi Rebecca

Reventon has been widely discussed in a previous thread.

https://www.propertyinvesting.com/topic/4409895-reventon-investments-scam-or-what/

Cheers

Yours in Finance

Chris Yes over the last 20 years that is all we have done.

Buy low sell high… repeat.

If you mean the introduction of the NCCP legislation then Yes you need to hold an ACL to offer such a product.

Email me and I can send you the API interview.

Cheers

Yours in Finance

If you have 2 Years Tax returns and pay Tax on the income then lenders will consider it even if it a Wrap contract.

When one of the Companies I own being First Home Owners Group Pty Ltd was in full swing doing Instalment Contracts we had a number of lenders who would lend on the income.

If it is part time income or you only have a few of them…[Read more]

Personalised named Deposit books so they can pay in their advance rents.

Never given any one of my Tenants a Xmas present and don’t intend to start this year.

Cheers

Yours in Finance

Depending on the security location and lvr starting at 1% per month + 1% -2% application fee.

Newly formed companies are fine.

Maximum 65% – 70% lvr.

Cheers

Yours in Finance

Hi Charlie

Nodoc loans on a non coded basis are certainly alive and well and whilst even on first mortgage the rates are not cheap (I own and run a private lending business so can talk with some element of authority lol) we have a number of clients who come back repeatedly.

For longer term deals most traditional lenders are going to require some…[Read more]

Hi Charlie

Nodoc loans on a non coded basis are certainly alive and well and whilst even on first mortgage the rates are not cheap (I own and run a private lending business so can talk with some element of authority lol) we have a number of clients who come back repeatedly.

For longer term deals most traditional lenders are going to require some…[Read more]

No 75% lease doc is doable and in fact even 80% depending on the type of security.

Like anything lowest interest rate does not necessarily best product for expanding portfolio.

Cheers

Yours in Finance

Kacy

As Terry has mentioned.

In addition from a financing perspective you need to bear in mind that not every lender will offer discounts on its rates or fees when purchasing thru a Company entity so choice of lender can end up saving you a decent amount.

Cheers

Yours in Finance

@Panina from the figures you emailed me i managed to get the deal to service for $260,000 so not sure who your TIC broker is looking at but seems to be a vast difference.

Cheers

Yours in Finance

Hi Panina

Sure feel free to email me.

I can send you my API interview on 0-40 properties in a decade which might give you some tips on other strategies to increase your wealth.

If you tell me which part of the GC the property is located i can give you some further info as i am down there once a week.

Certainly wouldn’t pay an extra 100K just…[Read more]