Not sure if i fully understand the question.You can still arrange a 95% lvr with a gift but if someone gifted you the acqusition costs couldnt borrow 100% from a lender.Tell me if i am miles off.

Nah GOM we are good but not that good.

Financing a studio apartment may take up more of your deposit than you intened to put in as lenders have gone off these as security and limit their lvr accordingly. 

Even upto 95% is acceptable although the rate and the credit underwriting get a little tougher.

Hi Secret AgentAs Terry has mentioned Anz have such a policy however you still are required to state an income and telephone confirmation of your employment will be undertaken.Suggest you get your Broker to put the deal together for you as you will only get 1 chance at doing the deal and you dont want to get it wrong. At Lodoc 60 you would be en…[Read more]

Depends on who the lender is these days it could be Nil.

Means they will buy and wrap a property you like rather than you have to buy one of an investor because he / she has it for sale and maybe not where you would like to live.

Sorry Steve i misread your original post.There is a firm in Brissie called the Property Investors Group and thats what threw me.Ignore me it has been a long week.

Hi catsYes subject to the current market valuation and lender with whom your current loan is with you could access equity upto 90% of the market valuation of the property.Buying with someone else can be a way into the market buy you would both want to have a clear agreement written so that you dont end up falling out over it. Normally a clear…[Read more]

Ok hate to say if you can afford $250 then that is going to give you around you around $155,000 of borrowing so not sure if you are going to get anything for that.If you have clean credit and with FHOG can get upto 10% deposit then a shared equity loan might be more preferential than a wrap. Would give you a cheaper interest rate you could choice…[Read more]

Hi JessThat should be the easy bit.Suprised no Qld investors on the forum havent jumped it yet to say Yes please.Where are you looking and at what price range.

WJVery simply have the IP loans to 80% of the market value of the security (probably in the name of a DFT to reduce your liability) with 20% coming from the LOC on your PPOR.When the properties have increased in value bring the IP loan back upto 80% of the increased valuation paying down the Invt LOC. This in turn can be used again or merely r…[Read more]

Bear in mind in a block that size you will be looking at Commercial financing so with it comes the costs and higher interest rates. Not the end of the world i guess for a short period but bear in mind it will impact you bottow line.Course also means you need to front up a bigger deposit.

oh you skeptic GOM lol.

Appreciate the comment the Crest.Assure everyone it is not done just to capture members business. 

Hi NickTell us what you are after and possibly we can assist.I have many forum clients all over Australia and indeed the world so Melbourne isnt that far.This day and age most loans are lodged electronically so applications and documentation is emailed.Obviously if you want someone to sit down and chat with I cant help you but anything else more…[Read more]

Hi SeanType of security and valuation / total lvr / income and liabilities.In the main the lender would take your NZ property as well as the Oz property to be purchased as security.

Hi NickTell us what you are after and possibly we can assist.I have many forum clients all over Australia and indeed the world so Melbourne isnt that far.This day and age most loans are lodged electronically so applications and documentation is emailed.Obviously if you want someone to sit down and chat with I cant help you but anything else more…[Read more]

How many in the block ?

Hi SeanMust admit i would say NO outright.Have a couple of lenders that might consider the deal depending on a few factors.