What to buy or sell ?

More information in a post often gets better quality responses.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover – We Guarantee to beat any quote you have in writing.

AB

I agree with SOTF never pay for such advice when a good MB will do it for nothing for you.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover – We Guarantee to beat any quote you have in writing.

Yes i would agree with Terry i think an Accountant would more suit your needs now.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover – We Guarantee to beat any quote you have in writing.

Hi Jamie

Let me know if you got your answers as being a Brisbane based operation we are fully upto date with what they have to offer.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover – We Guarantee to beat any quote you…[Read more]

We are the largest provider of Vendor Finance business in Qld so feel free to email me with what you are looking for.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover – We Guarantee to beat any quote you have in writing.

There are numerous aggregators to choice from so ensure that you do your research prior to committing yourself.

Check things like the level of support they offer as well as whether they or you own the clients and subsequently the commission trail.

Ask them if they have a minumim level of business required to write each month and whether they…[Read more]

Do a forum search on Powerloans as there has been many posts mostly unfortunately unfavourable.

There is nothing to stop you making enquiries with a range of brokers to see which one you feel will act for you and not just for themselves in recommending a loan product which pays them a higher commission.

A good independant broker will look at…[Read more]

As always Terry has pointed out the benefits of an Int only loan with a 100% offset.

With some of the honeymoon products the rate of interest reverts to the standard variable rate for a period of years and if you switch loans to another product within the Banks range you are charged.

You should be able to obtain both a permanently low rate of…[Read more]

Must admit i would recommend both Simon and Stuart over someone who comes on here to promote their services and then does not post again for another few weeks until they need more business.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720…[Read more]

G

Just remember that each and every lender has its own serviceability scales and why you may not qualify with one lender you may find that with another you bolt in.

This day and age most good brokers can negotiate lodoc / nodoc loans at competitive interest rates although you may find that this type of loan product is not…[Read more]

These loans very popular in the UK in the 80’s with rising house prices but by the end of the decade many people ended handing back their house keys and taking out negative equity loans for the next 10 years to repay the shortfall.

All looks rosy in a rising market.

Rather stick with a conventional loan and then wrap the property and still get…[Read more]

Nothing to stop you approaching them but same story you won’t find a UK Lender take an Australian property as security.

I still have a couple of UK loans but they are all on Uk properties.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720…[Read more]

Yes check out St George Bank

The St.George Foreign Currency Home Loan offers customers who may be residing either within Australia or offshore the ability to borrow funds in a foreign currency, provided their main source of income is denominated in the same foreign currency, creating a natural hedge for loan repayments.
Foreign currencies…[Read more]

I would never confess to being a Guru as i believe who ever you are you are always learning as the market is ever changing in both lending and cash flow strategies.

In saying this adopting + cash flow i was enable to retire at 39 although after 2 years of being retired returned to set up my own business in both lending and financial planning with…[Read more]

David

Firstly welcome to the forum.

That question is a difficult one to answer as each individual client is different and his / her needs vary.

It will also depend on your financial goals and whether the security is an investment property or your PPOR where you are likely to stay for the next 20 years.

If it is an IP there is then the question…[Read more]

Must admit you are right if all your MB does is put you in touch with a Bank rep then ditch him.

I would like to think that i achieve what my clients require whether it be a particular product or features a higher loan amount and lower interest rate.

I guess it is like anything each area of business has those who like to sit back and wait for…[Read more]

Yes if they are willing to offer the security of her business associates property then maybe a land loan secured against the block and a line of credit secured against the home.

Best of both world as you would have access to the funds when you needed them through a LOC although the land will still be mortgaged.

Email me if you need any further…[Read more]

Hi bernstar

They sound confused as to what they want and what they are trying to achieve so i guess this may not be the best time to jump in and do what i assume is their first development.

You mention that your fiancee has been trading previously so assume that her other ABN is > than 3 months old.

If her business associate is wishing to offer…[Read more]

The LMI is also a Tax deductible expense if the purpose of the funds is for investment.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover – We Guarantee to beat any quote you have in writing.

Why not set up a Line of Credit to 95% of the valuation and utilise the equity this way.

Sure you will end up paying a bit more LMI but that is just a cost of investing.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover -…[Read more]