The BW one is a good product – esp with no exit fees. St G currently has 1.5% discount on the package for the first year which is not bad.

Hi PeterMost loans are generally portable – you keep the loan but just change the security.

Just thinking investment – you should have the cheapest house possible. A tent under a bridge maybe. This would free up funds to invest in further properties.  If you have a property, you can still leverage off it, but only to around 80 to 90%. That means 10 to 20% is tied up.But would you want to live in a tent?

Low Doc loans require all the same information as a normal loan – the only difference is they don't need to see proof of income.

MI have really tightened up lately, especially with Low Doc loans.If you are not using a company, then maybe st g would be a better option – they self insure.

It is no real problem. Just keep them separate – stand alone securities.If you go down your properties are going to be taken not matter who they are with.

no

I think good strategy.By living in it initially you should be able to keep it CGT exempt too. But i wouldn't pay it down. I would get an IO loan with a 100% offset and pay all monies into the offset. you will save the same interest, but have flexibility if your circumstances change and it remains rented out while you purchase another to live in.

I suppose it depends on who owns the other 50%. There are also various rules with inheriting a house – it may have been a main residence previously and maybe CGT exempt etc. There are also various rules on stamp duty in transferring to the beneficiary under an estate etc. I think Drabs had better get some professional advice.

RAMS have reduced their rates by 1%http://www.lendingcentral.com/2009/02/05/rams-passes-on-the-full-1-pa-rate-cut-to-customers/

WJIt sounds like a strategy. You would have to move into the house though.

What state does your post refer to?

Hi RichardHe only owns 50% and wants to purchase the remaining 50%.Mortgaging the property is good, but having funds in the bank is risky as they are easily traced by the bankruptcy trustee – even if held in a different name or trust or company etc.

ANZ dropped their LVRs in Dec last year – but you LVR is only 74%, so it won't affect you? You might as well move banks to the cheapest rate if you have to apply again. Make sure the savings are more than the costs of moving.

80% is the max LVR these days. You will need an ABN for 2 years and GST registration. Will also need clean credit. Other than that it is the same as applying for a normal loan.

goddepends on what you mean by 'partner'. If spouse, married or defacto, then i believe you can only count one PPOR between you.

everyday they delay = more millions in interest

You probably need both. There are a lot of legal ramifications – corporations law with various offences for companies, trust law – fiduciary obligations of trustees etc. You would also need tax advice too as different options will result in different tax paid. And everyone's situation is different so you would need individual advice. But it would…[Read more]

Yep, seems like NSW and QLD. Probably other states as well.

Hi DrabsYou could set up a trust and use that to purchase the remaining 50%. This would provide some asset protection.