Where is the property located and what did you pay for it ?

Cheers

Yours in Finance

Hi Bala

No they don’t offer 100% loans for investment.

We certainly don’t offer 30 Year loans but i can’t comment about others. Have to say I doubt it.

Cheers

Yours in Finance

Hi Huilo

No not necessarily many Lease doc type products are charged at standard Commercial Rates (albeit in the main these are higher than your standard resi home loan rates).

Cheers

Yours in Finance

Hi Monique

As a Buyers Agent we buy a lot of properties in that SW pocket for forum members but must admit i am not sure i would be buying in the suburbs your current BA has listed for a number of reasons.

Certainly the enclave is a popular area for SMSF purchases but i think you can do better than the suburbs outlined.

Just want to make sure…[Read more]

Hi Mark

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

Whilst a good property Accountant is important and I can certainly recommend someone to you setting up multiple Trusts certainly won’t help you increase your borrowing capacity.

Unfortunately this was a myth of Xmas past and has certainly been super seeded in the…[Read more]

Hi Hullo

Yes we see a lot of clients look to do this.

In saying that there is often a way to access their equity with a carefully planned strategy.

Cheers

Yours in Finance

Hi Tam

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

Certainly shouldn’t be too difficult to find a positively geared Commercial property as you limited to circa 60-70% lvr so means you are putting in a fair amount of deposit.

Whilst the odd lender might go to 75% if it is a P & I loan the higher yielding properties are…[Read more]

Yes good news all-round and glad my vote counted.

Certainly going to be interesting times ahead.

Cheers

Yours in Finance

I used them first in 1994 when Kim Cannon set up Nationale.

Couple of name changes later and Firstmac have just recently issued a 500M RMBS.

We haven’t used them for a few years since they changed their servicing model.

Can’t think of any real niche’s they have to offer.

Cheers

Yours in Finance

Hi IC

Ok an Essex boy. I am from further south in Bournemouth.

Yes set up sounds ok but wouldn’t pay a premium for separate offset accounts as just having the 1 is enough.

First loan might have an offset attached and then a basic loan with no frills.

Cheers

Yours in Finance

Hi Khiem

We cover the 3 areas you are referring to.

Certainly a lot of demand for these suburbs given the slightly higher yields and lower entry price.

Happy to email you some details if you want.

Cheers

Yours in Finance

Me thinks it is time Kriger’s ISP was blocked.

Cheers

Yours in Finance

Yes NSW were not alone both QLD & VIC tinkered with there FIRB duties.

Covers anyone who requires Foreign Investment Board Review to be able to purchase.

Cheers

Yours in Finance

Hi Sam

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

A MB is a Mortgage Broker who arranges finance on behalf of clients

As Benny has outlined your first issue could be obtaining finance to any decent loan to valuation on such a security.

I am not aware of the complex but you may well find you can’t borrow much more than 60% of…[Read more]

Hi IC

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

As a fellow Pom I can understand you wanting to bring your funds across and start investing in Australia.

Certainly the rates of interest in the UK are considerably lower and as long as you manage the currency risk accordingly your cost of borrowing will be a lot lower.

It will…[Read more]

Hi IC

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

As a fellow Pom I can understand you wanting to bring your funds across and start investing in Australia.

Certainly the rates of interest in the UK are considerably lower and as long as you manage the currency risk accordingly your cost of borrowing will be a lot…[Read more]

Leonie Dixon at CSM Conveyancing Beenleigh you can’t go far wrong with.

Cheers

Yours in Finance

Hi Tjay

Yes must admit the new Qld Boost has created a lot of new interest.

Certainly from a income point of view i don’t see an issue in showing you can service the total loan but unless you have been renting thru a real estate agent for the last 12 months you are going to need a little more in savings.

5% on a total price of $500K would be…[Read more]

Hi Tjay

Yes must admit the new Qld Boost has created a lot of new interest.

Certainly from a income point of view i don’t see an issue in showing you can service the total loan but unless you have been renting thru a real estate agent for the last 12 months you are going to need a little more in savings.

5% on a total price of $500K would be…[Read more]

Yes totally agree there are good and bad of both.

Not sure which lenders pay a higher commission because through the larger aggregators commission rates are almost identical.

Guess you could also say there has been many a Banker falsify client details on an application to get a deal over the line to aid his / her own sales targets.

In saying…[Read more]