Hi ecchhoo

Most lenders offer some form of Pro Package in fact i think i counted 25 earlier this morning.

The all differ slightly and as a broker it is a matter of tailoring the package to suit your clients needs and requirements.

The lowest interest rate or cheapest fees is not necessarily the best product on the market if the client has other…[Read more]

Hi and welcome to the forum. Fear not we don’t bite.

To add to the previous 2 constructive posts bear in mind that with only a $30000 PPOR loan you negotiation on a rate of interest will be limted.

Lenders offer discounts off higher loan balances however so you might like to consider a “No frills type rate” or a honeymoon rate linked to an…[Read more]

Less than 50 Sq M is not necessarily an issue.

Feel free to give us more details and we can advise accordingly.

Cheers Richard

richard@yourstatefinance.com
http://www.yourstatefinance.com

Specialising in US & IP finance.

Yasmina

In Qld the $7000 Grant is not available until:

1) A minimum of 12 months from the date of the installment contract.

and

2) The purchaser has paid a mimumim of 10% of the original inatllment contract price in monthly repayments. These can be of a principal nature.

I.e Installment Contract say $150,000 monthly repayments say $1000 /…[Read more]

Hi Yasmina

Which State are you in?

Cheers Richard

richard@yourstatefinance.com
http://www.yourstatefinance.com

Specialising in US & IP finance.

Andrew

Feel free to email me some details and i would be happy to analyse your borrowing capacity and suggest a few ideas.

Cheers Richard

richard@yourstatefinance.com
http://www.yourstatefinance.com

Specialising in US & IP finance.

Don’t now what State you are in dumpy but in Qld you certainly would need to be licensed accoridngly to the OFT

In fact if you sold more than 6 properties a year using a Call Option or through your own efforts and you owned or had the rights to own the property (i.e An option) you would require a Property Developers License.

Cheers…[Read more]

Hi ladybird

Yes staging a development is common especially on the bigger developments.

We are often asked to provide funding on staged basis which makes the bank feel a little happier depending on the size of the project.

In saying that for 4 houses you might find the costs will outweigh the benefit. it is likely that Council will charge more…[Read more]

thek

If you want some real independant advice why not try someone like Simon.

Never does any harm to get a second opinion.

Cheers Richard

richard@yourstatefinance.com
http://www.yourstatefinance.com

Specialising in US & IP finance.

Steve

Shame it isn’t the other way round i could have helped you.

Cheers Richard

richard@yourstatefinance.com
http://www.yourstatefinance.com

Specialising in US & IP finance.

Hi Amanda

Based in Brisbane if you want to bounce any investment ideas off i am happy to assist and listen.

Cheers Richard

richard@yourstatefinance.com
http://www.yourstatefinance.com

Specialising in US & IP finance.

Guess i have to for once diagree with Terry.

If it hadnt been for wraps i would have been able to retire 2 years ago and spend 3 months on the golf course each day.

Whilst I am back to work through boredom at home and being under my wifes feet I am still able to enjoy the cash flow and capital returns that my wraps bring with it.

Email me if…[Read more]

Email me and i will give you the best Accountant on the Gold Coast – Southport.

Experienced investor as well as good fella.

Cheers Richard

richard@yourstatefinance.com
http://www.yourstatefinance.com

Email us for details on US finance or to be added to our foreclosure / REO / HUD list of US properties

Flyasakite

As an ex pom (porund to admit after the Ashes win)and now a Chapel Hill Brisbane boy be happt ro assist you with any financing you may need.

If needed I can also point you in the right direction of an accountant.

Feel free to email me. Which part of the UK you off to

Cheers…[Read more]

As Steven mentioned a lodoc loan to 90-95% would be achievable. A bit more expensive but an option.

Cheers Richard

richard@yourstatefinance.com
http://www.yourstatefinance.com

Email us for details on US finance or to be added to our foreclosure / REO / HUD list of US properties

Vinny

One question you should always ask any broker is what did he do for a living last year and the year before that.

If as Simon mentions he was a recent jumper on the Finance wagon because his double glazing career (oh takes me back to the late night UK telemarketing calls we used to receive) did not work i would give him a big miss.

Like in…[Read more]

Terry is right if the Contract makes that provision to assign you may in some States save on Stamp duty.

Cheers Richard

richard@yourstatefinance.com
http://www.yourstatefinance.com

Email us to be added to our foreclosure / REO / HUD list of US properties

Jim

If your Bank or Broker is giving advice opposite to what Steven has mentioned then ditch them both.

Offset the interest only on your non tax deducible debt whilst you have any. Different story when the debt is repaid.

Cheers Richard

richard@yourstatefinance.com
http://www.yourstatefinance.com

Email us to be added to our foreclosure / REO / HUD…[Read more]

We take business from 6 introducers in Qld and offer them a $1500 up front fee and 0.25% trail commission on the loan amount.

I assure you there is plenty of incentive when they want to sell the home and the finacning falls over.

Cheers Richard

richard@yourstatefinance.com
http://www.yourstatefinance.com

Email us to be added to our foreclosure / REO…[Read more]

Coming from the UK I have always been a brick and tile man.

In saying that I built our home 2 years ago in the Western suburbs of Brissie and it 68 squares so has a large roof span.

Went the colourbond route and never regret a moment. Nothing nicer than hearing the sound of rain on a roof although admitedly the damage tree branches do can be an…[Read more]