I would hold investing until they build the bridge across from the mainland.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

For simple construction costs for Townhouses we are finding we allow around $1400 / Sq M and that is at cost with a partner who is Builder.

All depends on the quality of course but for a nice 2 storey Townhouse i think you are probably looking at around this sort of figure.

Then of course you have all of yoru soft costs.

Richard…[Read more]

Let me which part of Brissie you are in and I might be able to point you in the right directtion.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

There is no confusion for Taxation purposes the dates to consider are the date of the contract for both buying and selling.

The settlement date is irrelevant.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

I am with Brahms totally lost.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Someone else who has seen the light and is making the move to the Sunshine State.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Not wanting to correct Westan but

So to answer the question no you don’t need to have income.

Isnt quiet true. As far as i am aware there only 4 institutions that offer lodoc finance to FN’s in Texas and all of them require the income section of the 10 03 to be completed.

Not to say that they verify this income but the S & P section has to be…[Read more]

HI ASDF

Yes you can approach the self insured lenders if you have maxed out with PMI or GE.

Each MI has slightly different terms.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Brizza

Crusher is almost there.
There are 2 main 1 secondary and at least 3 lenders that self insure.

Mainly Genworth whose Post code restrictions can be found on their website http://www.genworth.com.au and PMI -www.pmigroup.com.au.

There is then Mobius who currently only operate through a limited panel and the self insurers.

Richard…[Read more]

Hi Brizza

Regretfully this is not the case as CBA like everyone else have their Post Code restriction areas and are governed on the higher LVR’s to their MI’s.

If you wish to give us a Post Code of the area you are looking at i can check it out for you with the 2 MI that CBA use.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc…[Read more]

Sharon

The ATO make an exception for you.

Fear not i could not get it through any other way. Also if you do a stretch you now i will come and visit you on visiting days lol.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Hi Andy

Email a mate of mine Richard Young at richard@mfmltd.eclipse.co.uk

He is a FInancial Planner but will have a good broker not too far away. Tell him dogsbreath sent you but dont ask why.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720…[Read more]

Hi Grreg

There are a couple of lenders that offer 90% Lodoc loans for the self employed and rates vary.

For a 95% LVR you are looking at circa 8.99% reducing after a 3 year period.

Application / Valuation / Legal Fee – $1250

Lender Mortgage Insurance – 3.45% of the loan amount + GST + State stamp duty

If interest only then add 10 poin…[Read more]

When you start your venture into property investment one of the most important consideration in my opinion is to ensure that you structure you loans and property correctly.

This would involve both consideration inb respect of the Tax effectiveness of the investment as well as the manner in which the property is held. Consider the use of a Trust…[Read more]

Hi basil

Certainly investing in a + cash flow property is a consideration and has benefits when it comes to reducing your own non tax deductible debt.

What i would say is make sure that the properties are not X collarilised and i also have a preference of keeping the PPOR loan and the IP loan with separate lenders to reduce any liability…[Read more]

Which part of the UK are you living in.
I have a good mate who is SW England and regularly travells to London for business.

If the georgraphy is right i can put you in touch with him.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Hi CP

Simple answer there isn’t one.
The whole reason that you take an option on the property is that the holder of the Option has the rights but not the obligation to purchase the property at a given time and at a given price.

You merely assign the Option for a fee and the purchaser to whom the Option is assigned has this right.

In any…[Read more]

Hi maddy

The Standard Private Loan Agreement would vary from State to State. In Qld we use the Clayton Utz Consumer Credit Code (Qld) Loan Contract as amended by the 1998 Act.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from 7.39%**
Licensed Financial Planner
Ph: 07 3720 1888
richard@yourstatefinance.com

Hi BS

On a separate matter it appears from your post that this will be you first purchase and therefore i assume you will be looking to make an application to receive the FHOG.

Just be careful to ensure you comply with the requirements of occupation for the FHOG if you are going to be away from the Country from August onwards.

If you are…[Read more]

Hi Results

If the property purchased in a Company / Trust name was an investment property then YES you would still be entitled to receive the FHOG if you later purchased a PPOR in your own name.

Check out the OSR in your State for further information.

Richard Taylor
Residential & Commercial Finance Broker
**Lodoc Commercial loans from…[Read more]