Pleasure Alistair have to discuss some of those caveat / second mortgage lending deals you have when i get back from the UK in the New Year.

Cheers

Yours in Finance

Nashy i think you made your point,,,, in fact 3 times to be precise.

I have to say there are some areas of Tamworth you certainly wouldn't invest in.

I can think of many a safer town to invest with both positive cash flow and capital growth prospects.

Cheers

Yours in Finance

Agree with Shahin if you do enough of them then they are fairly straight forward.

100% financing is available with a combination of Bank / Related party lending so in the event of you being short of funds there are always options that can be considered.

We do many a deal for clients with only 75-80K in their SMSF and in fact recently sourced a…[Read more]

Sorry munmun i have to say I certainly wouldn't recommend a client buy in any of the 4 suburbs you have listed.

Just goes to show how little research the authors of such property magazines do.

Cheers

Yours in Finance

Cmoore

Welcome to the forum.

I hate to say with that search criteria i can't see you finding anything that you would really want to own and honestly believe you are going to get good capital growth.

Personally i prefer inner Brisbane suburbs and have all of my properties there.

In saying that you are not going to find a free standing home…[Read more]

Yes Tommy a Western Qld town which 10 years ago people only passed thru and didn't stop.

They then found some black stuff called coal and the whole world wanted to know the town. 

Some people did very well investing in mining towns but just as many bought at the peak of the market and are sitting on negative equity and reducing rents.

CBA are…[Read more]

Hi Captain

Yes i hate to say as the property is over 5 acres so yes your father would pay CGT if he gifted the property to his children.

You are unable to borrow against a property which is not in your name so using the potential equity is out of the question.

Ignore the concept of ever ending borrowing by using Trust  structures as it simply…[Read more]

Hi Jate

No not at all if done correctly.

Cheers

Yours in Finance

Don't tell me they are working out of Melbourne and promoting taking an option over long term land subdivisions.

Walk away and save your money.

Cheers

Yours in Finance

Agree with Terry these organisations have no authority over Title.

Cheers

Yours in Finance

Yes i cannot see why you would want to try and get around the NCCP legislation even for serviceability.

It is simple if you can't show you can service the loan you cannot afford.

I am not talking about Tax Returns as these are not always required by lenders.

Cheers

Yours in Finance

And when you have done all that make sure you have the right name on the Contract.

Had 2 in this week alone that have the wrong name on them ………amazing

Cheers

Yours in Finance

KSJA based on the fact that you have no non deductible debt and based on the fact you don't need the potential interest to support your living expenses i think it is a good place to park the cash for the time being.

Cheers

Yours in Finance

Hi Paul the downside is that even as a British Passport holder there is no lender who will consider Non resident loans in the UK so you would need to be paying cash for the property.

I have 1,2 or now nearly 47 investment properties in Australia so as i spend time in the UK and Europe each year i am always looking to add to my portfolio in SE…[Read more]

Just remember make sure your Broker knows the transfer should be done at market value too ensure your parents do not loose any of their centrelink benefits.

Cheers

Yours in Finance

Both areas have their merits although it depends on what you are investing for.

Cheers

Yours in Finance

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

Stick around, ask lots of questions as most of us don't bite.

It is never too late to start investing in property.

I have dozens of forum clients in a similar position to yourselves who are just starting out.

Certainly as Catalyst mentioned it is addictive i can vouch for…[Read more]

Sure gaylet she went in to hospital yesterday so was out of action for a day or so.

I have just sent you her details by private message.

Just have a look in your inbox.

Hi Woolysmum let me know if you would like me to send you Jacqui's details also.

Cheers

Yours in Finance

Hi gaylet

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

Why not shoot Jacqui (JacM) from the forum a Private Message and get her on board.

She is very well respected and a long standing forum member.

She I based in Melbourne and assisted dozens of my forum clients with their investment property purchases.

Let me know if you…[Read more]

Hi Paterson

I agree everyone has to start somewhere but i have to say it is expensive to make too many mistakes.

No structure is perfect for every situation but you want to set up a structure that has flexibility yet can work with you as your portfolio builds.

Cheers

Yours in Finance