PropertyInvesting.com | RoyceRolls | Activity https://www.propertyinvesting.com/members/roycerolls/activity/ Activity feed for RoyceRolls. Fri, 17 Apr 2026 19:06:51 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 13560238e97d38f341d0d93d7b2921f5 RoyceRolls replied to the topic What should I do with my $250,000 in the forum Help Needed! https://www.propertyinvesting.com/topic/4408711-what-should-i-do-with-my-250000/page/2/#post-4686372 Wed, 13 Feb 2013 07:22:16 +0000 Thanks ClaireR,

I asked my broker multiple times to confirm it was only 6 months I had to live in the house to get FHBG and he assured me it was. 

Thats good to know

]]> 0cb15bd5f2b92ed348b0cb75fd35598b RoyceRolls replied to the topic What should I do with my $250,000 in the forum Help Needed! https://www.propertyinvesting.com/topic/4408711-what-should-i-do-with-my-250000/#post-4686368 Wed, 13 Feb 2013 02:37:45 +0000 Do you mean allow the trust to borrow against the initial property to begin investing?

]]> be05788c860016bcc2bc516ee8b4a076 RoyceRolls replied to the topic What should I do with my $250,000 in the forum Help Needed! https://www.propertyinvesting.com/topic/4408711-what-should-i-do-with-my-250000/#post-4686366 Wed, 13 Feb 2013 02:20:11 +0000 You are suggesting I buy in my name but loan my deposit from a trust I create? Then allow the trust to buy the property off me after my 6 months is up?

Sorry Terryw, I am new to all of this and am sure ill come across as stupid.  I just want to get my strategy right from the start rather then make mistakes early that will cost me later.

]]> 667a4b2f19cc4b6cde9be2f04b993de7 RoyceRolls replied to the topic What should I do with my $250,000 in the forum Help Needed! https://www.propertyinvesting.com/topic/4408711-what-should-i-do-with-my-250000/#post-4686363 Wed, 13 Feb 2013 01:53:59 +0000 I agree that $50 for the week I am home is not much at all, I have tried to pay more but he dosnt want a bar of it.  He is just happy I am home after 5 years in the Army. 

Thanks TerryW. I have been reading up on trusts and definitely think that's the way to go. I have a few questions hopefully you can help me with.

1, Is the property investor…[Read more]

]]> e665f5e5621aef0c33b6bbd9bed680d0 RoyceRolls replied to the topic What should I do with my $250,000 in the forum Help Needed! https://www.propertyinvesting.com/topic/4408711-what-should-i-do-with-my-250000/#post-4686354 Mon, 11 Feb 2013 09:44:03 +0000 I am single, no kids and work away 2 out of 3 weeks.  I dont think buying a property to live in makes financial sense.
In saying that, I am entitled to first home buyers grant and no stamp duty etc. So maybe it makes sense to buy one and live in it for 6 months.

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