Tycoman you join the forum in 2016 and then post your 2 replies 2 years later……

Cheers

Yours in Finance

Wow never seen a post with so many maiden posters all endorsing a company with their first and only post.

Even more amazing is the time between the posts.

Cheers

Yours in Finance

Wow never seen a post with so many maiden posters all endorsing a company with their first and only post.

Even more amazing is the time between the posts.

Cheers

Yours in Finance

Hi Ho

No he is limited to what he can buy even if he is a Director of a Company being a non-resident.

Yes that is possible however there other considerations including Stamp Duty and CGT to be considered.

Cheers

Yours in Finance

I think what Jsoe is referring to is selling the property at a favourable price to a related party i.e Sister.

There is nothing to stop you selling the property at any price however if the sale was done on favourable terms (Substantially less than the market value) then the State Govt may require the purchaser to pay stamp duty on the deemed…[Read more]

Hi Hung

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

If your friend is a Non resident he will be limited to what he can purchase and will require the approval of the Foreign Investment Review Board.

Nothing to stop him being a Director of an Australian Company as long as there is 1 Director who is a permanent resident but this…[Read more]

Hi Hung

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

If your friend is a Non resident he will limited to what he can purchase and will require the approval of the Foreign Investment Review Board.

Nothing to stop him being a Director of an Australian Company as long as there is 1 Director who is a permanent resident but this…[Read more]

Hi Mack

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

Until recently we operated a Investing Mentoring service for new investors and in 2004 pledged to make 100 x $1M property millionaire’s which we successfully achieved some 9 years later.

If you would like a PDF copy of article i wrote for the API magazine shoot me an email and…[Read more]

Hi James

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

We work with a lot of First Home Buyers using a blended loan being a personal loan for the deposit & traditional finance for the balance of the purchase purchase.

There are a couple of lenders that specialise in providing Gap Finance so as long as you have regular income and…[Read more]

Hi Harri

Which part of Brisbane are you based in.

My firm is based in Milton and we cover all areas whether it be legal advice, financial planning, mortgage broking or Accountancy.

Certainly happy to offer you some appropriate advice.

Cheers

Yours in Finance

Hi Simon

No not uncommon and is merely because of the “cash out” component.
You have obviously declared the funds are for “future investment” and the lender wants to see where they are going to be invested.

Had to sign off on 2 this week alone for a couple of our clients both who were doing a larger “cash out equity” deal.

Cheers

Yours in Finance

Hi Simon

No not uncommon and is merely because of the “cash out” component.
You have obviously declared the funds are for “future investment” and the lender wants to see where they are going to be invested.

Had to sign off on 2 this week alone for a couple of our clients both who were doing a larger “cash out equity” deal.

Cheers

Yours in Finance

Hi Simon

No not uncommon and is merely because of the “cash out” component.
You have obviously declared the funds are for “future investment” and the lender wants to see where they are going to be invested.

Had to sign off on 2 this week alone for a couple of our clients both who were doing a larger “cash out equity” deal.

Cheers

Yours in Finance

Hi Simon

No not uncommon and is merely because of the “cash out” component.
You have obviously declared the funds are for “future investment” and the lender wants to see where they are going to be invested.

We get asked a number of times a week to provide similar for our clients especially on some of the larger “cash out equity”…[Read more]

Try Xenia at:

ALEXA Real Estate
RLA 234 751I
SALES & PROPERTY MANAGEMENT
ALEXARealEstate.com.au
xenia@alexarealestate.com.au
0412 437 582

We would have introduced hundreds of clients to her over the last decade or so and never had any complaints.

Cheers

Yours in Finance

Hi Tim

Must admit I was lucky enough to have retired in 2004 at age 40 from my rental income on over 40 unencumbered properties.

10 year later the same properties had doubled in capital growth and the rents risen again but you have do the hard yards to start with.

In 2017 the market is different again and you need to use creative strategies to…[Read more]

Hi Matt

Not sure why you think red flags would be raised for a lvr over 80%.

Loan would be Principal & interest (IP > 80%) but there are some fairly decent rates around.

As long as you can service then no reason why you wouldn’t go that route.

Cheers

Yours in Finance

If the loan is in your Company name then a Nodoc loan is possible but you will paying a few hundred bps above your standard home loan.

No Income declaration required.

Cheers

Yours in Finance

If the Taxable income is reflected in your last 2 years Tax Returns then i believe a lender would consider it.

Cheers

Yours in Finance

Anthony many agents use such form (which is not legally binding) as a way of saying to you that they are presenting offer’s all at the same time and leaving it with the seller to decide which one to accept.

Do up your own template and conditions and merely change the address, price etc for each offer.

Give them a time frame to come back to you…[Read more]