Paula

Which State are you in looking at doing this in?

Cheers Richard

Ph: (07) 3720 1888
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

Steven is right with certain exceptions Australian lenders won’t lend against overseas security.

Cheers Richard

Ph: (07) 3720 1888
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

Hi Misty

Development finance is a specialist area and whilst a lot of lenders offer it it requires putting the application together in such a manner to make it attractive enough for the lender.

Usually, lenders will go to 65% / 75% of end valuation subject to this not exceeding 80% / 90% of cost price.

There are course always exceptions to this…[Read more]

Simon

I believe it is Latin.
Sorry can’t be much more help I only did it at school because the teacher was only about 8 years older than me and blonde.

Failed miserably.

Cheers Richard

Ph: (07) 3720 1888
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

With 184 properties under our belt as a Company I could share many many a similar story with you.

I have literally dozens of letters from clients thanking us for our help over the last 11 years and telling us that they would have never got onto the property ladder without us.

2 reposessions in 11 years isn’t bad.

Its about communication with…[Read more]

National Australian Bank has cut its three-fixed home loan rate by 36 basis points to 6.47%.

The move makes it the lowest rate offered by a Bank.

Cheers Richard

Ph: (07) 3720 1888
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

The Qlds rules are as follows:

1) If the value of the work is $6600 or more then you are required to hold an Owner Builder’s permit.

2) If the value of the work is $11,000 or more then you are required to undertake an Owner
Builder’s course.

The course must be completed by someone shown on the title of the property.

Cheers Richard

Ph:…[Read more]

Both companies offer a post code listing advising whether they cover the area.

However in saying this the policy of the lender may differ from the policy of the mortgage insurer. Also each lender has different terms with the MI and therefore the rates vary from lender to lender.

If you want to email me a post code I can have a look for…[Read more]

Dont you need to be 18 to legally enter into a Mortgage Contract or have your name on a title of land ??

Cheers Richard

Ph: (07) 3720 1888
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

Hi one-step

I think this is one you should take straight of the forum as it onvolves a lot of personal details.

Feel free to email me and i will be happy to make some suggestions

Cheers Richard

Ph: (07) 3720 1888
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

Thank you Westan for your kind comments.

The Ashes ae back in their rightful home and that means we can go back to getting a decent nights sleep.

To all those who had a wager with me on the result let me now if you need my postal address. I have warned the local post office to be expect large amounts of cash to arrive in sealed in…[Read more]

Paul

At 126-5 I am getting very very nervous.

Cheers Richard

Ph: (07) 3720 1888
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

AB

If you want to shoot me an email i can pass your details onto a guy we use as a buyers agent in Brissie who finds undervalued property on a regular basis.

Cheers Richard

Ph: (07) 3720 1888
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

The only ocassion that an Australian lender would consider it as an Asset for loan purposes is if that lender had an operation in that Country and then only on rare cases.

Lets say you have property in Sydney and want to borrow against it for a loan in the US then the likes of Citibank would just say NO.

New Zealand would a possibility but then…[Read more]

The only ocassion that an Australian lender would consider it as an Asset for loan purposes is if that lender had an operation in that Country and then only on rare cases.

Lets say you have property in Sydney and want to borrow against it for a loan in the US then the likes of Citibank would just say NO.

New Zealand would a possibility but then…[Read more]

Geoffrey

There is a button on your keyboard called “Caps Lock”.

It is usual decorum on the forum to take it off when you respond to a post.

Cheers Richard

Ph: (07) 3720 1888
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality

Sure is all set with 2 days to go.

Must admit i never realised Billy Bowden was an Aussie or maybe he has a quid on the Aussies to win the 5th Test.

How was Ricky Pointing not given out with a bat bad catch?
How was Ashley Giles given LBW with a ball that was spinning so much that first slip could have caught it.

The list goes on

All we can…[Read more]

Hi Lee

Must admit i think you maybe slightly confused in your thinking. Certianly if you sell the property to a Trust then you will be able to claim the interest on the loan as a tax deduction.

You quiet rightly point out the stamp duty issue and for an exact cacluation you might like to check out the OSR site http://www.osr.nsw.gov.au

If…[Read more]

Hi Willie

Yes no only will have an effect on your future borrowing capacity but also could have a dramatic effect if all goes sour.

Just remember if anything happens to the business and your future brother in law (Who may i guess never actually become your brother in law) is unable to make repayments the lender will come looking to you.

I must…[Read more]

Christian

Not in Sydney but have plenty of experience in wrap financing if you want to email me what you are chasing.

Cheers Richard

Ph: (07) 3720 1888
richard@yourstatefinance.com
http://www.yourstatefinance.com

IP funding and US property finance
our speciality