I totally disagree as well. There are very specific rules regarding taking possession and they are very strict regarding PPOR properties. They are more relaxed regarding investment properties but they are still pretty sensible.

Everything is outlined in your loan documents before signing anyway. You are responsible for what happens to you.

TMA

I didn’t say I “favoured” it… just that I could think of many reasons for it.

I think an Accountant would be the best one to outline minimising tax implications. I don’t like giving incorrect information and this is not my field.

TMA

I would be looking at an Interest Only loan for the investment property (with offset if you want to reduce the interest expense).

Why are you paying principal and interest on an investment property when you have non-deductible debt???

TMA

PMI have never stopped deals going through based on LVR using current value for anyone I know. I think their minimum is 12 months though.

TMA

I don’t know where you are looking but I include all costs with the purchase price to determine my own NET yield. Gross yield is calculated before costs.

TMA

Your post does not seem to ask anything but I have to say that I can think of many reasons in favour of buying appreciating assets in a company structure. What is the point you are making?

TMA

What is the big deal???

They just do it a little differently to the way we do it. The ASX is a private company. So is Baycorp Advantage (CRAA). I do not see any problem with the US Fed being private.

There is no secret!
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TMA

This is sooooooo funny!!!!!!!!!!

TMA

Nat, it is very hard to recommend anyone. It depends on loan features, loan amount and loan purpose.

Most lenders have great IO loans.

TMA

Sorry, the RAMS thing went over my head!!!

TMA