Hi BlazeA vendor has the same responsibilities to settle as the purchaser does and in the event that you are unable to settle you should get your Solicitor to advise them that you intend to charge default interest as per the contract.In addition, look at specific perforance remedies. You could of course terminate the contract and then renogotiate…[Read more]

For an Accountant why not contact my Accountant Steve Hodgkinson who is a partner at the Gold Business Group.Steve is a forum member and can be contacted on 07-5532 2855Try him in the New Year when his office reopens. Tell him i referred you as most good property Accountants are not taking on new clients.

For an Accountant why not contact my Accountant Steve Hodgkinson who is a partner at the Gold Business Group.Steve is a forum member and can be contacted on 07-5532 2855Try him in the New Year when his office reopens. Tell him i referred you as most good property Accountants are not taking on new clients.

H MattHate to say your Broker does not sound like he has any idea of how a Hybrid Trust structure works.

H MattHate to say your Broker does not sound like he has any idea of how a Hybrid Trust structure works.

Hi MabbottYes it does sound possible but unfortunately it is not a deal the Home Building Society will look at.

If you are looking at the Brisbane drop me a line and I will introduce you to my Buyers Agent.I have introduced him to a lot of clients around Australia and overseas and they are very happy with the service and results.

Yes you can still obtain 80% Nodoc. Because the loan is mortgage insured there are certain post codes that the mortgage insurer will not lend hence this style of loan is not available in regional or rural small town areas where some of the higher + returns tend to be.

Just to correct a couple of previous posts:1) You will get 80% Nodoc however every loan is mortgage insured so you will be restricted on where you can purchase.2) As every loan is mortgage insured (whether you pay for the MI premium will depend on who is funding the deal) the insurer will have a maximum exposure they would be prepared to go to…[Read more]

Hi PostTo a certain extent i agree with Steve but think there are other issues to consider first.With your current structure the loans are crossed collateralised and it does not matter what you do this will not change unless you instigate an action plan.What you need to do is free up the equity on your current PPOR by having the IP securities…[Read more]

In Victoria the FHOG is a total of $10,000 but surely your Bank or your Mortgage Broker would have gone through this with you when the finance application was approved.As an approved lender your lender would process the FHOG application on your behalf to ensure the funds are available at settlement.

Hi StuDont want to disagree with you but i spoke to NAB Qld State office on a deal like that during the week and they told me Gemworth would not do any expat deals so they would not go past 80% these days 

Hi ShawnHope you got my message i left for you. Tried to call you again yesterday but got your answering machine so guessed you were busy.Feel free to shoot me an email or Private message over Xmas and I can come back to you with some ideas.

I concur with a lot of the previous comments although also believe that a MB should be an active Property Investor himself and have a good understanding of loan structuring.How can a broker lay out a path to your for your retirement bu buying property if he hasnt retired himself.So many mortgage brokers have little or limit knowledge of…[Read more]

Hi HieungI think Fransesca might want to delete all 8 posts.

Yes that maybe preferable.

Might be better off posting this on a US site.

No Mike Anz will do a construction loan.Feel free to email me if you want any more information.

Anz will do 95% as long as he is a Aussie Citizen and capitalise the LMI.Have done dozens of them for clents living all over the world.

If you are happy to go the northern part of the Gold Coast why not give my Accountant a call.Steve Hodgkinson is a Partner at the Gold Business Group In Southport and is an expert in Trusts and investmest properties.Give him a call on 5532 2855. May not get him this side of Xmas but he will always call you back.Tell him i referred you as most good…[Read more]