Hi Plummer

Sorry i have to disagree with what has been said.

I can think of a couple of lenders who would take your past PAYG income into consideration even though you maybe deemed as self employed.

I have just settled a deal for another forum client in the same position.

Left employment 6 months ago to go self employed and only had 2 BAS with…[Read more]

Hi Josh

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

You are certainly in a good position to kick start your portfolio with a decent deposit and structured correctly no reason why this cannot be a launch pad going forward.

I have never heard of the Rocket Property Group but I bet my bottom dollar they are a marketing…[Read more]

Hi Mizfitz

Quite a common situation and one that can certainly be overcome with the right lender.

Course would need further information to make a suitable recommendation.

Cheers

Yours in Finance

Hi Tjay

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

No hate to say there is no lender that adds the stamp duty to the loan however thee maybe a couple of alternative options.

Course without more information it is hard to provide a more structured response.

Cheers

Yours in Finance

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

I totally agree with PHP that face to face meeting whilst all good and nice is useless if the so called local professional has never purchased an Ip in his life and us merely a paper shuffle.

I assume from his website science surf doesn’t work for nothing and not wound investor…[Read more]

Sorry Neil that is not correct other options are available.

You stated you are “just about to settle” and if this is the case it us too late.

Cheers

Yours in Finance

Darryl Richards at Certus is a Options expert.

He is based in the City.

We use them on all of our development sites as it provides more flexibility.

Cheers

Yours in Finance

Certainly in Qld there would have been better ways around it to avoid such issues but of course too late now.

Cheers

Yours in Finance

Hi Patrick

We can certainly look at further options when i get your Fact Find back but in essence Interest only with 100% offset would be the way to go.
Couple of lenders offer a fixed rate loan with 100% offset account.

Many lenders do not allow IO with offset account on a hgher lvr but plenty do.

Cheers

Yours in Finance

Going to depend on the location.

An acceptable return in a small regional town in going to be a lot higher than an Inner city block in Western Suburbs of Brisbane.

Cheers

Yours in Finance

Totally lost when it comes to the question.

Please re-ask.

Cheers

Yours in Finance

Boarding house financing is possible albeit at a lower lvr than a standard residential / commercial

Cheers

Yours in Finance

Personally i would look to go with a more specialized unit builder than a general house and land builder.

Cheers

Yours in Finance

Darryl Richards who is a forum member owns Certus and you can’t far wrong there as all of his conveyancing staff are Solicitors and not just legal clerks.

Leonnie at CSM knows the industry inside out and has been in Beenleigh for 20 years +

For a Contract review i would use Certus every time.

Cheers

Yours in Finance

Hi Taylor

Hate to say he was referring to Commercial lending as your relationship with a personal banker / lending manager has no bearing on a residential deal whatsoever.

Thanks to the introduction of NCCP if the deal does not clearly show your ability to service the deal the loan will NOT be approved irrespective of how well you present the…[Read more]

Hi Brett

Jacqui (JacM) from the forum is my business partner and covers the Buyer Agency side of our business.

She is a Geelong expert and can certainly tell you whether the property you are buying is overpriced and also give you some information on the suburb.

Shoot her an email or PM and I sure she will give you some independent…[Read more]

Sorry to hear than Moonman.

Sure Erin from Park Trent will pop back in to give us their side of the story.

She is not a regular contributor as she is probably out at nights doing charity work or raising money for the homeless……

Cheers

Yours in Finance

Of course it will also depend on the lvr both now and when you initially purchased the property.

We are finding a lot of properties aren’t coming up to client’s expectations but there are a few ways around it.

Cheers

Yours in Finance

Hi Andrew

As has already been stated there are many lenders out there that lend to Trusts without any loading on the rate of interest or increased fees and charges.

Would need additional information of your requirements before making a suitable recommendation.

Cheers

Yours in Finance