It is not that I would like more information, it is that information cannot be provided without it. How about the price of the property, your goal or required returns, etc. The more information you give, the better the responses you will receive.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Need more information regarding income & expenses, property purchase type, etc….

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

This is not a reverse mortgage.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Originally posted by bruham:
MrVip,
There’s plenty of mortgage brokers on this website.They’re always looking for business, except in your case. “Keeping your heads down fellows”?

Fantastic generalisation bruham. I am not looking for any business. I just enjoy discussing finance and investment related issues.

The reason I have not responded yet…[Read more]

I buy property without viewing. Just send in a valuer or building inspector or both to do a report for you with digital photos.

Regarding less than 50sqm, it is hard but not impossible in most cases.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Been going just over a year. Will pay up to 130% of current property value over the term. Pay all property costs. Does not affect pensions.

Not much more information is available about them unless you book an appointment where the hard sell will probably occur. Sounds ok but I would rather learn more about them before dealing with them.

Robert…[Read more]

I would not go anywhere near Tassie for investment property.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Yes you can gear.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

One valuable piece of advice…

If you want people to help you, DON’T LIE!!!

Good luck in the future.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

I think it is achievable but my thoughts are qualified. We do not know how much income / cash flow he has available to increase returns nor do we know which accounting and compounding strategies he will utilise or his risk profile to determine how highly he will gear.

Sorry about the PM. I thought I sent it in email. OOOOPS!!!

I will PM you a…[Read more]

Manamgement rights are very common (many in Queensland) with community title properties. These are the ‘complex’ type properties where there may be 20 houses and a single driveway to access a common road that winds around the complex. They usually have a single pool, bbq, etc for everyone to use.

I have found that most of these types of…[Read more]

Flick me an email at and I will reply to it. I sent it through this website last time so that is why it must have been caught up in the junk email filters. It might be still sitting in your deleted items folder as I only sent it yesterday.

Please type 24% Return in the subject heading so I know who you are. [blink]

Robert Bou-Hamdan
Mortgage…[Read more]

You get approval for a maximum margin loan amount, say $20,000. An interest rate will be attached to amounts drawn down – say around 8%.

Lenders will allocate a gearing percentage to a range of stocks according to their risk weightings. For example, CBA might be 80%.

Let’s say you decide to buy 500 CBA shares at $35 each, the total purchase…[Read more]

March 2004 – second paragraph…

http://www.reiq.com.au/mediaReleases/view_media.asp?media_id=256

Great article about property prices…

http://www.loan.echoice.com.au/pages/h_housing_market.html

Various articles and commentary…

http://research.lawlex.com.au/news.asp?id=2278&sp=1#3

Even though the above links show that overall, prices are…[Read more]

Hey there superman,

Here is another investment for you that you might be interested in as it involves depreciating assets.

I find that the yield on depreciating assets is much higher when considering the impact of taxation.

How would you criticise a person who told you that you could get a guaranteed 20% GROSS return on your investment while…[Read more]

Just to clear it up a bit more, you can move in on the last day of the first year following settlement and have to stay for 6 consecutive months. You will not lose any benefits if you do this.

http://www.mortgagepackaging.com.au/index_files/first_home_owners.htm

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

Superman,

I would appreciate you checking your email before trying to make me out to be telling some sort of lie. I outlined the investment in the email I sent you yesterday. Go read and I would like an apology upon your return.

Now, regarding your post…

Originally posted by superman:
“You only have to account for tax.” Only!!? Top marginal…[Read more]

Hi Kay,

Equity is just the difference between current valuation and what is owed. I don’t know what you mean when you say ‘debt dogs’ but LVR is always calculated on current valuation. The 80% level just avoids mortgage insurance costs but you can borrow at higher levels.

If LVR was done against purchase price, those who bought million dollar…[Read more]

I am not saying you could not get a stand alone loan as I do not know your individual circumstances. It is important that all the information is provided to give a more accurate response.

For example, a fixed interest only loan will be more expensive today than a variable interest only loan.

Regarding the family benefits, many lenders will…[Read more]

Check out the following link…

Line of Credit v Loan with Offset Account

It outlines my position.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links