Total Members: 147,551

Sako

  • Hey all,

    A question regarding financing my properties. I currently own a rental property and it’s worth about 600k, with 500k left on the mortgage. I’m going for my second property soon which is also roughly about 550k. Now, my broker is telling me that I will reach my borrowing capacity once my second property is settled. However, I’m keen on…[Read more]

  • Sako replied to the topic Becoming A Builder in the forum Help Needed! 1 week, 3 days ago

    Thanks Scott.

    Your last paragraph covered what I’m after.

    So basically obtain a building license so that I build houses and run my own projects.

    I’ll enquire through HIA and Master Builders Vic.

  • Sako started the topic Becoming A Builder in the forum Help Needed! 2 weeks, 3 days ago

    Hello Again..

    I am interested in becoming a builder (my background is in completely different industry) by obtaining my building license so that I can build for people and to develop my own investment properties on the side.

    So my question is:
    What does it really take to obtain the license (Note: looking to operate in Melbourne) ? Course,…[Read more]

  • I second what Terry said.

    Seek legal advice and make sure you’re protected, because once money is involved, people change.

  • Sako replied to the topic Purchase Now or Wait in the forum Help Needed! 3 weeks, 3 days ago

    Thanks Benny, I’ll take a look at the play back.

  • Sako started the topic Purchase Now or Wait in the forum Help Needed! 4 weeks, 1 day ago

    Hi there,

    My Story…

    I live in the Northern Suburbs of Melbourne, where land prices sky rocketed from 207K in 2015~16 to 420K in 2017(448m2 land). However, with the Royal Commission moving in, banks becoming stricter with their lending, property bubble more likely, and Labour likely to win, the prices started to fall (now 448m2 land is worth…[Read more]

  • Sako became a registered member 1 month ago

Sako

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