PropertyInvesting.com | Sark0605 | Activity https://www.propertyinvesting.com/members/sark0605/activity/ Activity feed for Sark0605. Wed, 15 Apr 2026 17:39:06 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2a22aa1a5d5ddd626521cec920ab0af8 Sark0605 started the topic Where to buy in Melbourne ! in the forum Help Needed! https://www.propertyinvesting.com/topic/5035057-where-to-buy-in-melbourne-2/ Wed, 10 May 2017 11:34:27 +0000 Where would u suggest to buy in Melbourne
– house
– established
– 550K

Most importantly what suburbs to AVOID that is available in that price point mainly due to high rate of criminal activity etc.

]]> 3167ab45f865df61220da77fd6c6d3f7 Sark0605 replied to the topic non-enduring power of attorney(POA) in the forum Help Needed! https://www.propertyinvesting.com/topic/5034825-non-enduring-power-of-attorneypoa/#post-5034829 Sun, 30 Apr 2017 01:22:34 +0000 I understand it is required so they can represent me in auctions ?

]]> bf643197eee0555570e72c4267ac673f Sark0605 started the topic non-enduring power of attorney(POA) in the forum Help Needed! https://www.propertyinvesting.com/topic/5034825-non-enduring-power-of-attorneypoa/ Sat, 29 Apr 2017 08:49:37 +0000 Anyone signed a non enduring power of attorney(POA) before with a buyers agent ? Anything i should be aware of ?

]]> a2373e4548563340ca1d82ee22b81dcf Sark0605 replied to the topic Use all available equity or take new loan in the forum Finance https://www.propertyinvesting.com/topic/5034792-use-all-available-equity-or-take-new-loan/#post-5034824 Sat, 29 Apr 2017 08:46:53 +0000 I will not be paying any LMI since i am not borrowing more than 80% anywhere thanks to equity.

Anyways i think option 2 is better since i am taking advantage of available equity now. It might go down in a couple of years and I wont have access to it. It also keeps the LVR down on new property for new bank since it will use IP3 as security.

]]> 27f8939209451901417a6fb02914a4bb Sark0605 replied to the topic Use all available equity or take new loan in the forum Finance https://www.propertyinvesting.com/topic/5034792-use-all-available-equity-or-take-new-loan/#post-5034819 Sat, 29 Apr 2017 01:06:37 +0000 Yes thats right …i put the wrong percentage in .apologies..eg
IP 1 : equity available 100K
IP 2 : equity available 80K
new IP 3 : PP is 500K
Serviceability is 500K

Options without LMI
1. New loan 80% and 20% equity from IP 1..both LVRs for IP1 and IP3 will be 80%
2. Access all available equity (180K) from IP 1 and IP 2 and borrow remaining…[Read more]

]]> 5069e79356e5d4a4b04bcc0be5c12093 Sark0605 started the topic Use all available equity or take new loan in the forum Finance https://www.propertyinvesting.com/topic/5034792-use-all-available-equity-or-take-new-loan/ Thu, 27 Apr 2017 14:29:40 +0000 Hi guys
I was wondering which is a better option. I have two IPS which have equity around 200K. I can service only one more loan of 600K. Should i use all of my equity and borrow the remaining 400K from new loan or should I just get the 10% equity and borrow remaining 540K from new loan.

In the long run which would be a better option

Ta

]]> 4e95245c7e6e2f5e6cb064bde04a29fa Sark0605 became a registered member https://www.propertyinvesting.com/activity/p/340119/ Sat, 09 Apr 2016 12:36:50 +0000