If you want the phone number of the Ray White broker I mentioned in our email, let me know. There is also another
broker who said he could get us no doc loans. It would
be good to sus out who offers the best rate.
I have three brokers now to compare with.
I was told the Ray White broker is paid a wage so she may
not be guiding us…[Read more]
Although I have bought a fair few houses on my own I am new to
this positive cash flow caper so how about if I answer with questions.
1. $328,500. seems like a huge amount of debt on one house.
Would it be better to spread your debts across a few houses rather than one house.
2. I have always been under the impression it is best to…[Read more]
Not sure exactly how Rural A or B are
catagorised. Rural A for example could
be Rural pursuits.
If members are thinking about buying properties
with acreage out in Rural areas I would suggest
they first check with their lender on interest rates
as well as how much % they can borrow on valuation.
This is exciting two Sunshine Coast folk posting on the site.
I live at Eudlo and would like to be in contact with locals
doing RE investing. It would help to share local information
and some encouragement on the journey.
Thank you for the accountant contact. I have a contact
for a solicitor and accountant on the Sunshine Coast
whom I am sure do…[Read more]
Why sell your property? Surely you will incur costs of sale, and costs to repurchase? Draw down on your equity in your home, and use this loan to make a deposit/s on investment property/ies. I am an older baby boomer, and like my present home (in Adelaide). Age makes no difference, except that you have less time for compounding to…
It was great to receive your replies and support. Wonderful.
We have been feeling pretty much alone on this journey. Most
of the time I feel I am moving around in the dark.
I am gaining heaps of experience though as we go along and
hope to share some of this on the site.
Normally I would agree with suggestions to keep our house
Age may be or may not be a hassle – perhaps it can be used as an advantage in the context of psychology and identifying who was serious etc.
It really depends on selection and ensuring that your strategy is deployed as correctly as possible.
Great site!!! Remember the fun and games we used to
have with the Wealthies on the Yahoo chat room? You have
come a long way in a short time and certainly demonstrating to me the need to keep focused on the preverbial stake in the ground.
I had a bit of fun and games posting but that could be me
just getting used to the site. If You see…[Read more]