It doesn't matter which lender you use. Tax deductibility depends on the purpose of the loan not the security. From an asset protection POV it also don't matter, if the houses have the same owner, as they will be both at risk if you were to default.

Probably not as your LVR would be too high.

What you will get, in general, is 80% of building contract and 80% of land.

works here too

Its copyrighted

You've missed the boom period for mortgage brokers. commission rates have been cut dramatically and clawbacks extended. It is not a very good time to be entering the market. New licencing system as well – but this should be good. I am getting out of the industry.

My australian friend purchased a unit in Shanghai about 10 years ago – huge yield on the original price and it hasincreased in value by about 4 times.

Reeco, Hi

It seems many lenders are concerned more if a person has not put any of their own money into a deal – no hurt money. It seems if people have 'nothing to lose' then they are more likely to default and just walk away if things go wrong.

But, there may still be ways around this. eg if you have a bit of cash in your account you can use that and then be reimbursed after settlement by the vendor. Keep repeating the process without actually using up your own money.

Its always good to pay down debt, but I think it can be even more effective if you keep the money in the offset – after all you can transfer it to the loan any time. Keep it separate incase you want to use it for a personal expenses, non -deductible, such as a deposit on a main residence.

I agree it would be good to start working asap – to get both money and experience. Keep studying full time off campus while working.

What happens if the physio goes bankrupt and you cannot find a new tenant? Rural towns are very risky.