I am happy to get someone to contact you to see if you qualify for the loan up to 106% if you provide me with your details so I can forward them.

They have very strict criteria so it is not easy to get approved and you will not be eligible if the property is out in the sticks.

Regarding sharing a property, very few lenders will do a second…[Read more]

By the way, lenders use 75% of rental income for servicing like your accountant did but this reduced amount replaces all the expenses as well as vacancy. Your accountant included expenses on top of 25% vacancy. I would report him for manipulating you to earn commissions on managed funds.

Robert Bou-Hamdan
Mortgage…[Read more]

Originally posted by Lucifer_au:
I’ll add my bit (though it is the same) no if you are implementing a L/O you cannot claim FHOG, however your tennant can still claim rental assistance (where as with a wrap, to my understanding, they cannot).

Rgds.
Lucifer_au

That was not made clear in the above statement. That is why I asked about it. I…[Read more]

I am over it obiwan.

<edited>

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

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Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

And that applies to all Lease Options how?

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

And he gets an upfront and trail commission on the managed funds and nothing on the sale of a property.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

ANZ’s serviceability is much higher than most. There are more flexible lenders who will lend you more.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

Regarding point 4…

I am assuming you have some good equity in the commercial property. Together with the 10k, you may have a lot. In any case, the lending bit should not be too hard if you also have a decent income from work.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click…[Read more]

And alf, I knew what you meant!

I thought my second post explained my point.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

That is my point… it has nothing to do with a dog!

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

ANZ has one of the toughest serviceability calculators in the market. Don’t get disheartened.

I must also add that there are a lot of good brokers using this forum. Why not pick one???

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should…[Read more]

Can you turn HTML code on???

The marketing possibilities are endless!

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

A dog is the one with four legs, a tail and hair all over!

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

It is very easy to get the money in you situation. The hard thing is will you be able to pay for it???

With your $38,000 p.a. and a conservative expected rental income from the investment property (not to mention you will not be paying tax with that much borrowings – I am assuming it will be negative geared), if you service, there is no…[Read more]

Why not use the DEPRECIATOR who frequents this site?

He is professional and has established a large successful business doing what you seek. Call out to him… I am sure he will answer.

He is also a nice guy!

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a…[Read more]

Ummmmmmmmm….. YES!

Most of them will do it. The thing is that they will most likely want to use your group certificate figure and apportion it accordingly to determine what you would earn over the whole year.

There are ways around this anyway.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter…[Read more]

I think Steve’s first book provides a lot of low cost ideas to purchase or control property investments.

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

FREE Finance-Related Newsletter – Click Here

Comments made are of a general nature and should not be construed as individual advice.
© 2004 Mortgage Packaging Pty Ltd

Put it all on BLACK!

Jokes aside…

Your brother is very generous. Yo only have about a million options open to you. You could buy a substantial portfolio in one swoop if you have no problem with gearing. The risk is that you will have to make payments if you have no tenants. This is highly unlikely to occur with all properties at once…[Read more]

Well, the 3×1 and the 4×2 has confused me. Is this 3 bedrooms and 1 bathroom and 4 bedrooms and 2 bathrooms?

Have you discussed your serviceability with any lenders or a mortgage broker? You may be concerned for no reason.

There are many ways you could proceed to achieve what you want to do but without knowing all your details, the correct…[Read more]

Regarding Anita Bell, I do not rate her books as any use other than how to find food in a garbage bin or make a bed out of old tyres…

Anyone can pay their mortgage off quickly if they strip their life of any dignity and live on less than what it costs to sponsor a child in a third world country. The hard thing is paying your mortgage off…[Read more]