Hi Dave

Yes that is what we do for forum clients.

Cheers

Yours in Finance

Yes in the main although i have come across a couple of Credit unions where interest is charged monthly but offset on a quarterly rest basis depending on a minimum balance.

Rarity so wont be an issue in the majority of cases.

Cheers

Yours in Finance 

Hi Manola

Have to say it is not a particularly complicated enquiry and one we get from forum clients all day long.

Couple of quick answers:

1) If the property is to be used as a PPOR then none of the costs or expenses will be deductible. For this reason you would want to reduce your LMI as much as possible so maybe a matter of releasing equity…[Read more]

Hi Dublingirl

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

if you intend to live in the second property as your principal place of residence then you could probably get away with 5% deposit plus something to cover your acquisition costs.

One lender we use would allow a 95% lvr + LMI and then provide an additional amount to cover…[Read more]

As Jamie said no you don't need to be in the Country to apply.

We normally allow a little longer for finance for the Expat loans due to documentation time.

I have 2 deals going thru forum members at the moment (1 in China and the other in Dubai) and neither have caused too much of a problem.

Cheers

Yours in Finance

Yes Jacqui is getting by  ………. Lol

Couldn't ask for a better partner.

Cheers

Yours in Finance

Hi Skye

Merry Christmas to you.

Invest a few dollars on a hourly rate with a Town planner or two in the area you are looking at as they will be able to give you some good pointers 

Cheers

Yours in Finance

Hi babyflynn

Yes same policy would apply and an upto 90% maybe possible.

Cheers

Yours in Finance

Hi Can

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

Yes a loan of upto 90% lvr would be possible with the right lender.

Many lenders wouldn't consider the deal at all and a few will go to 80% but 1 will go to 90%.

Rates and set up costs are standard. 

Cheers

Yours in Finance

Thanks Jacqui Merry Xmas to you also.

Here's to another great property year in 2014.

Cheers

Yours in Finance

Yes finance is available but boils down to the level of damage and lvr required.

Cheers

Yours in Finance

Hi Tiger

Think i sent you a copy but if not let me know and i can email it off.

JacM will probably so do anyway but if for whatever reason she was busy relaxing on the beach in Geelong i can send it from the UK.

Cheers

Yours in Finance

Agree with JacM. 

I see and hear every day of the week clients who say i need to buy 20 properties to be comfortable yet if they had 6 all paid off (after the accumulation phase) they would be in a far better net position. 

Number of properties are all well and good but if they are highly geared means nothing.

Cheers

Yours in Finance

Hi Joey

Firstly welcome to the forum and i hope you enjoy your time with us.

Sure subject to serviceability and the ability to come up with suitable deposits you can certainly buy 20 properties or more in a year (Trust me i have done it) but the number of properties is not the main aim as the quality and net equity is more important..

We focus…[Read more]

Have to say would avoid Sunshine like the plague.

Think it had it day in the sun some years ago.

Also have to say there are a few legal inaccuracies in Ryan's 7 step check list so seek professional advice before proceeding.

Cheers

Yours in Finance

Unfortunately the article is over 28 months old so hardly upto date.

Ramki couple of suburbs i don't mind but a couple I would avoid like the plague.

Cheers

Yours in Finance

Agree with Wilko however you will also have to carefully consider the implications for your grandmother when it comes to pension and also nursing home funding matters.

Ensure she gets proper advice before doing anything.

Cheers

Yours in Finance

Matt

If the first property was set up as a Family Guarantee loan and the Guarantors are happy for the loan to maintain in some form or shape i would certainly have it switched to interest only. Alternatively split the loan and have the Guarantors be the borrowers instead and in turn onlend the funds to you..

With a 70K P & I loan linked to an…[Read more]

Hi Dan

Before you throw good money after old away you might want to do a forum search on the Company as there has been a number of posts written.

Remember these organisation are not registered charities and certainly won't show you how to do No money down deals.

Cheers

Yours in Finance

Agree with Benny we are starting to get a mountain of forum clients ask us to source investment property for them in Brisbane and the requirements of each investor is totally different when it comes to price, market demographics, unit or house, etc etc.

I certainly know where i am putting my money in Brisbane but that is not to say it is for…[Read more]