PropertyInvesting.com | ruffa37 | Activity https://www.propertyinvesting.com/members/ruffa37/activity/ Activity feed for ruffa37. Tue, 21 Apr 2026 07:36:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c1179735d9cef85dc38aa75d74cdcd10 ruffa37 replied to the topic Loan structure help needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409014-loan-structure-help-needed/#post-4688676 Tue, 26 Mar 2013 11:09:23 +0000 Few updates:

Our  offer of $445K got accepted. I went back to NAB and clarified the loan situation. We don't have to sell a property and we are able to service loan up to $570K. NAB ordered a valuation of current PPOR and came back at 430K ( driveby ). Another lender did a valuation today and went in, came back at 470K. With the top up for the 2…[Read more]

]]> ca532a299d03df0b99830ad99e502be7 ruffa37 replied to the topic Loan structure help needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409014-loan-structure-help-needed/#post-4688673 Thu, 21 Mar 2013 09:37:29 +0000 Free valuations ordered this week came up at the following. 
PPOR- 450K
IP1- 350K
IP 2- 420K

]]> bd9b073323fafa808e2e675d3d40920e ruffa37 replied to the topic Loan structure help needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409014-loan-structure-help-needed/#post-4688671 Thu, 21 Mar 2013 09:31:08 +0000 … and yes all loans are standalone. Thanks again.

]]> 07a41299637f4e0ed9eb9a9c2bcff49c ruffa37 replied to the topic Loan structure help needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409014-loan-structure-help-needed/#post-4688670 Thu, 21 Mar 2013 09:28:27 +0000 Checking the loan documents now, we paid LMI on IP 2 purchased in 2010. Thanks again.

]]> 75cfe69a079722ef4fc767f9ee6276eb ruffa37 replied to the topic Loan structure help needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409014-loan-structure-help-needed/#post-4688669 Thu, 21 Mar 2013 09:27:21 +0000 All loans are with NAB choice package at variable of 5.68 % with the discount. We went back to them, couple of weeks ago and would not lend without selling one of the properties. Refinancing at 4.99 % hopefully for positive gearing. IP#2 at 400 per week and current PPOR modest estimate of 430 per week.  IP# 1 is renting at 355 per week. We don't…[Read more]

]]> 43288d844f2f31ab5349608346b98462 ruffa37 replied to the topic Loan structure help needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409014-loan-structure-help-needed/#post-4688666 Thu, 21 Mar 2013 09:00:29 +0000 Thanks also Jamie. Definitely a starting point of my discussion with my accountant before I proceed with this. 

]]> a12c0fb9187a8c2480298caebe578f8c ruffa37 replied to the topic Loan structure help needed! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409014-loan-structure-help-needed/#post-4688665 Thu, 21 Mar 2013 08:57:26 +0000 Thanks a lot Shahin. I am looking at Citibank at the moment for their 85% LVR with no LMI for the new PPOR and possibly Homeside for the 2 IPs and the current PPOR soon to be IP. Any suggestions for lenders? Thanks again.

]]> ba60590a8538fbef326d0f72f0802828 ruffa37 replied to the topic Help 1st IP cross coll with PPOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4397230-help-1st-ip-cross-coll-with-ppor/#post-4609005 Sun, 13 Sep 2009 05:12:09 +0000 Thanks Richard! Your response made it all clear to me now. I have another broker who suggested a standalone for the IP and doing exactly what you said. Although the 1st broker has invested so much time on us already and I don’t know what to tell her now, I think I’ll go for the other broker who I think is giving us a better deal. I’m just gonna…[Read more]

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