The question i think Patricia asked is she was trying to AFS Licensed Adviser in the Brisbane area?

Do the fit the bill !

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on selected properties in the USA.
Email us to be added to our mailing list.
richard@yourstatefinance.com
Ph: 07-3720 1888

pilihp – You would be able to borrow a lot more than 40-50% of the land value.

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on selected properties in the USA.
Email us to be added to our mailing list.
richard@yourstatefinance.com
Ph: 07-3720 1888

Minimum loan i have done in NY State is $20,000 at a maximum 75% LVR purchase or 70% refinance.

Took about 8 weeks to go through although lender will only lend on single family home and not duples/triplex etc.

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on selected properties in the USA.
Email us to be added to…[Read more]

Hi Bonnie

Making an application for a credit card is fairly easy and dependant on a few factors should not be too difficult to obtain.

As long as you have reasonable employment history, stable residency, not too many credit enquiries and no adverse credit registered you should be fine.

I would suggest that you try one of the newer providers…[Read more]

Hi Paul

I assume from your post that you personally are the Trustee rather than having a Corporate Trustee.

If that is the case the loan will be in your name “John Smith ATF The Smith Family Trust”.

If this acceptable to you I am happy to assist further.

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on selected…[Read more]

I dont think you can ever purchase your first property too early and myself and many of my clients purchased an investment property prior to purchasing a residential home to live in.

The buying criteria for each are totally different and need to be treated as such when undergoing your due diligence.

As for a loan structure i would suggest that…[Read more]

In nodoc or lodoc lending the most important thing is the post code.

Email me the details and I can check the mortgage insurers listing for you.

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on selected properties in the USA.
Email us to be added to our mailing list.
richard@yourstatefinance.com
Ph: 07-3720 1888

Obtaining finance on a unit at 36 Sq M is not a problem but getting a high LVR may be.

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on selected properties in the USA.
Email us to be added to our mailing list.
richard@yourstatefinance.com
Ph: 07-3720 1888

Would you both look at the Northern part of the Gold Coast.

If so email me and I will give you contact details for a great Accountant.

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on selected properties in the USA.
Email us to be added to our mailing list.
richard@yourstatefinance.com
Ph: 07-3720 1888

James

Just remember that most lenders will not take installment receipts as income when assessing serviceability.

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on selected properties in the USA.
Email us to be added to our mailing list.
richard@yourstatefinance.com
Ph: 07-3720 1888

Hi Patricia

I am based in Chapel Hill but travel to see clients all over the City.
Feel free to call me and we can catch up

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on selected properties in the USA.
Email us to be added to our mailing list.
richard@yourstatefinance.com
Ph: 07-3720 1888

Oh is this a paid advertising space !!!

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on selected properties in the USA.
Email us to be added to our mailing list.
richard@yourstatefinance.com
Ph: 07-3720 1888

Terry has nailed it in one.

Can we ask why you raised the question?

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on selected properties in the USA.
Email us to be added to our mailing list.
richard@yourstatefinance.com
Ph: 07-3720 1888

Another important issue is to consider how you are going to finance the purchase of such a property.

Changes in the Patriot Act has made the financing of investment properties to Foreign Nationals almost impossible unless you deal with the right style of lenders.

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance on…[Read more]

I have recommeded a lot of clients to We Find Houses in Tassie.

They source + cash flow homes all over Australia and both Julie & Paul are good operators and a pleasure to deal with.

Why not give them a call and see what they have to offer
http://www.wefindhouses.com.au

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance…[Read more]

If you are happy to offer additional security or reduce the LVR to 70% then a Nodoc loan requires no form of income information to be declared.

Many clients use this form of loan.

Rates are very competitive these days and in most cases a lot lower than the standard variable rate.

Cheers

Richard Taylor
Residential & Commercial Finance…[Read more]

James

i can sell you one for Qld. Good enough for us to have done over 200 wrap transactions over the last 10 years so should be fine for your Qld deals.

Email me if you are interested. Also let me know details of the type of investment amount you require in your other Wrap Post.

Cheers

Richard Taylor
Residential & Commercial Finance…[Read more]

Building your FICO score will not alleviate the problem that you will still be treated as a Foreign National when it comes to financing option and not able to find a standard US lender to provide you with greater than 80% LVR.

If you are paying high fees for finance then you are using the wrong lender.

Cheers

Richard Taylor
Residential &…[Read more]

Funny that the Bank fully aware of your income details would then suggest a lo doc loan. Nothing like double standard in underwriting.

I am unsure whether you are self employed or employed but in either case a lodoc or nodoc loan would seem to satisfy your needs as LVR appears to be satisfactory.

Couple of things to consider:

1) Check and see…[Read more]

James

The PDL is required in Qld where you sell 6 or more properties in a year. The ruling we had from the OFT was that where the clients bring the property to you a License was not required.

If you renovate and then onsell your own property then a License is required.

Cheers

Richard Taylor
Residential & Commercial Finance Broker
100% Finance…[Read more]