multiple land tax thresholds (some states), asset protection, estate planning, joint ventures, easier transfers to a SMSF (unit trusts), stamp duty savings etc

Did you have a deed of partition set up? If you end up with one property each that would be a change of title and a dutiable transaction. CGT would also apply. Maybe GST even.

keithd18 wrote:

Hi,

I have been given conflicting advice on how to structure loan for an investment property:

1. 80% fixed, 20% variable, with an offset account).
2. 100% fixed.

I would be borrowing roughly 280/300k. After comments on pros and cons of each strategy considering todays economy. Thanks,

Keith

There is no right/wrong answer as to fixing variable. You may want to fix if you think rates may go up again in the next few years.

no need for an offset on an investment loan unless there is no non deductible debt.

CharlieX wrote:

I thought aggregators would hand that out just as us brokers are required to handout our credit guides to the retail clients. I’ve met or discussed with all the above aggregators and none has given me that commission sheet. is there a double edge sword here?

No double edge sword. This is commercially sensitive information and aggregators would be prohibited in making it available to the public. There is no legislative requirement to notify the public either. It would be made available in the contract you would potentially enter with an aggregator though.

its hard to say as that information is not given out readily. Generally commissions are probably similar, but there are volume bonuses given to aggregators by some banks. Best to email a few and ask for their commission schedules.

Charlie X – what would you do if you suspected a client was attempting to fraudulently borrow money from a lender?

Do you have an existing loan and/or offset?

Wanting to be a broker I though you may already know the basics?

No commercial lender will lend you substantial sums without security. Generally private company shares are not worth much in terms of security. You will need to provide land as security to get a decent amount.

CharlieX wrote:

one person’s bad guy is another person’s good guy.

why does lender discriminate by charging high interest rate for investment property than for owner-occupy property?

Interest rates are the same for owner occupied and investment properties. I cannot think of any lender that ‘discriminates’.

I thought you were trying to become a broker?