As Jamie has mentioned this is an area where you should get some professional advice.

With 10 properties you are starting to build a portfolio so would have thought you would have your Accountant on speed dial.

Cheers

Yours in Finance

Hi Newbie

No have never invested in the Country but i use Ozforez for my currency exchange.

Always find they have the best rates compared to the major Banks.

Cheers

Yours in Finance 

Glad you answered that one Jamie.

Grey is not only the colour of the sky on a miserable english day……

Cheers

Yours in Finance

Glad you answered that one Jamie.

Grey is not only the colour of the sky on a miserable english day……

Cheers

Yours in Finance

Hi Daniel

Have to say as the market has picked up lenders have gone the other way and doing anything out of the ordinary as they don't need to.

Cheers

Yours in Finance

Mark it is not a matter if being unkind or not wanting Arun to post but is more a matter of monitoring the content to ensure it is suitable.

I have spoken to Arun about his posts and reminded him of the rules if the forum (same as I did to you when you joined).

My concern for other members is when I see continual blatant advertising or obvious…[Read more]

Yes had another forum client here in Brisbane who was going with them and then decided to switch and used our Buyers Agency service.

When we told him we don't buy off the plan he was relieved and we ended up finding him something which perfectly met his needs.

You have to ask yourself why do these mobs not sell second property ….. whatever…[Read more]

Hate to say I wouldn't be buying a 1 bedroom unit or indeed a 4 bedroom house.

With that sort of money you could probably get into a nice inner city suburb in a small unit or townhouse complex.

For a little more you could get a freehold townhouse in the right suburb.

Slightly lower yields but excellent capital growth prospects in the long…[Read more]

Agree with Terry easier said than done.

Usually the Vendor offers such an arrangement where he cannot sell the property for market price and does it to attract a higher price.

Away from the issue in getting any lender to accept the second mortgage carry back the other issue might be getting the property to value at purchase price.

Flipping or…[Read more]

These sentences make no sense.

Well certainly not in English.

Cheers

Yours in Finance

Arun there is also another lender who will go to 10 units on a single title at residential rates.

Cheers

Yours in Finance

Sorry Arun which Banks allow "private non panel valuations".

Also IO is available during Construction with most lenders.

Cheers

Yours in Finance

Sorry Arun that is absolute rubbish.

If you refinance from one lender to another and the lvr is the same LMI will be paid again with no refund.

Cheers

Yours in Finance

He lost me on post number 12 let alone post number 37.

I am totally confused.

Cheers

Yours in Finance

No you certainly do not need to go to the US to lodge an application with a US Bank.

Cheers

Yours in Finance

Where there is a will there is usually a way to get around servicing especially at a 64% lvr.

Might need some clever restructuring but nothing is out of the question.

Cheers

Yours in Finance

All smoke and mirrors ..,..,

Have no idea what he is talking about.

Cheers

Yours in Finance

Yes agree there is no shortage of good lenders in this sphere.

Brisbane has a bit of Company Title in a particular suburb and we have never had a problem.

Cheers

Yours in Finance

Chris whilst Arun has painted a simple picture i have to say there are far more considerations to think of.

Cheers

Yours in Finance

Hi Captain

Firstly congratulations on deciding to take the steps to financial security thru property investing / development.

Have to say your current loan set up is a mess and you should have 1 loan across 2 securities.

I would be looking to get your broker to untangle this and have the loans separate.

You can then look at accessing the…[Read more]