PropertyInvesting.com | Tom | Activity https://www.propertyinvesting.com/members/thebeardedbroker/activity/ Activity feed for Tom. Mon, 13 Apr 2026 00:04:42 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 24eab66f808d7c6388db36cdaa77d045 Tom replied to the topic Cross collateralised Loan Payout Problem in the forum Finance https://www.propertyinvesting.com/topic/5033258-cross-collateralised-loan-payout-problem/#post-5033284 Wed, 01 Mar 2017 09:58:31 +0000 I assume you wrote the loan directly with the bank? You may be able get a broker on your team by providing written advice to the bank that they are going to represent you. Not sure they can do much in this case though.

]]> 4911880948f28ea9616a28a70da0a09d Tom replied to the topic Validation on Costing for Property Flip (QLD) in the forum Help Needed! https://www.propertyinvesting.com/topic/5033177-validation-on-costing-for-property-flip-qld/#post-5033182 Thu, 23 Feb 2017 00:44:34 +0000 You can trim the fat wherever you want on paper to make your deal work, it means nothing in real life. I’ve only done one reno and I can tell you it will never go to plan.

A good friend of mine is a property mogul, he says if you can’t make a deal work on the back of a napkin using rainy day numbers then don’t do it.

The next question, you’ve…[Read more]

]]> 0b4032b38d8a6ba59dc747cca8f15c9d Tom replied to the topic Validation on Costing for Property Flip (QLD) in the forum Help Needed! https://www.propertyinvesting.com/topic/5033177-validation-on-costing-for-property-flip-qld/#post-5033182 Thu, 23 Feb 2017 00:44:34 +0000 You can trim the fat wherever you want on paper to make your deal work, it means nothing in real life. I’ve only done one reno and I can tell you it will never go to plan.

A good friend of mine is a property mogul, he says if you can’t make a deal work on the back of a napkin using rainy day numbers then don’t do it.

The next question, you’ve…[Read more]

]]> 15eaaafede4fe0d887080d917ea6e445 Tom replied to the topic Validation on Costing for Property Flip (QLD) in the forum Help Needed! https://www.propertyinvesting.com/topic/5033177-validation-on-costing-for-property-flip-qld/#post-5033182 Thu, 23 Feb 2017 00:44:34 +0000 You can trim the fat wherever you want on paper to make your deal work, it means nothing in real life. I’ve only done one reno and I can tell you it will never go to plan.

A good friend of mine is a property mogul, he says if you can’t make a deal work on the back of a napkin using rainy day numbers then don’t do it.

]]> 62f434e148084d9e0e53c5a704cc89a0 Tom replied to the topic HELP! Caught in negative gearing and refinancing strategy/trap in the forum Help Needed! https://www.propertyinvesting.com/topic/5032877-help-caught-in-negative-gearing-and-refinancing-strategytrap/#post-5032898 Fri, 10 Feb 2017 00:28:49 +0000 Definitely speak to a broker. It sounds like your dad is om deep with company X, I assume they have their own finance arm or recommended broker.

It always worth getting a second opinion and mortgage brokers have a cheap hourly rate!

]]> 380b74bee3cb1d10bab809e646bd0f56 Tom started the topic ANZ OO Interest Only LVRs in the forum Finance https://www.propertyinvesting.com/topic/5032819-anz-oo-interest-only-lvrs/ Mon, 06 Feb 2017 14:07:10 +0000 Another lender tightening up on interest only lending.

I received an email today advising 90% max for new lending OO and 80% for OO refis.

I think we’re going to continue to see this sort of move from the mainstream lenders over 2017. It’s good news for the smaller niche lenders as there are still some really good policies around if you know…[Read more]

]]> a10be50b63e1c0480b4b338618c09b06 Tom replied to the topic Looking out for an real estate investment partner in the forum Help Needed! https://www.propertyinvesting.com/topic/5032617-looking-out-for-an-real-estate-investment-partner/#post-5032738 Thu, 02 Feb 2017 14:04:51 +0000 Hi Krish

I have a friend in Perth with a tonne of cash but no serviceability super intent on doing the same as you. You two may be a good fit, if you’re happy for me to I’ll pass on your details. I don’t think he’s looking to build a portfolio together, more so leverage off each other to each build their own portfolio.

PM me your phone number…[Read more]

]]> bb4203157babfdce22d8996a1d5adad1 Tom replied to the topic Loan reducer tool in the forum Finance https://www.propertyinvesting.com/topic/5023428-loan-reducer-tool/#post-5032588 Mon, 23 Jan 2017 14:29:52 +0000 I know some of the brokers at Crown and at it’s a very good product.

I’ve seen people pay down their OO loans incredibly fast, it’s definitely worth a look if paying down debt is important to you. It’s not just the lower interest rate though, there’s also a component of money management in there which is beneficial for people who require that…[Read more]

]]> 31cf4a4cbbeb53966b171fbad58ff0c9 Tom replied to the topic Non resident mortgage, does having a certain type of visa help? in the forum Help Needed! https://www.propertyinvesting.com/topic/5032314-non-resident-mortgage-does-having-a-certain-type-of-visa-help/#post-5032418 Thu, 12 Jan 2017 09:41:38 +0000 Does your partner live in Japan as well? Provided you’re both on the application there are a number of lenders who will consider this deal on the strength of your partner’s citizenship.

Lending policy around overseas borrowing tightened up significantly late last year but I know of a couple of lenders that will still go to high LVRs for overseas…[Read more]

]]> 8e32d46750cb317846e422ef230c007d Tom replied to the topic Non resident mortgage, does having a certain type of visa help? in the forum Help Needed! https://www.propertyinvesting.com/topic/5032314-non-resident-mortgage-does-having-a-certain-type-of-visa-help/#post-5032418 Thu, 12 Jan 2017 09:41:38 +0000 Does your partner live in Japan as well? Provided you’re both on the application there are a number of lenders who will look at this deal on the strength of your partner’s citizenship.

Lending policy around overseas borrowing tightened up significantly late last year but I know of a couple of lenders that will still go to high LVRs. The next…[Read more]

]]> 5bc2a074fea4e533771e53f70382a010 Tom replied to the topic pre sale apartment in the forum Heads Up! https://www.propertyinvesting.com/topic/5032049-pre-sale-apartment/#post-5032303 Fri, 06 Jan 2017 04:28:16 +0000 Yes, Perth we definitely had a few headaches with OTP last year :-/ definitely not my favoured investment choice.

2019 is a long way off though, we could all be citizens of New Trumpetonia by then.

]]> cbdb1a4afb3e4df179c6fdedbd003e8e Tom replied to the topic Lease option questions in the forum Creative Investing https://www.propertyinvesting.com/topic/5032087-lease-option-questions/#post-5032281 Wed, 04 Jan 2017 07:51:32 +0000 Tricky I’m sure.

I think Nahn Nguyen does this sort of stuff although I’m not 100% sure. A friend of mine is a client of Nahn’s and speaks very highly of him.

My advice, keep it simple particularly if you’re a novice. Unnecessary complications complicate matters unnecessarily.

This is general advice only.

]]> 3136855d0fec6252e1e08e9ab0d43839 Tom replied to the topic Lease option questions in the forum Creative Investing https://www.propertyinvesting.com/topic/5032087-lease-option-questions/#post-5032281 Wed, 04 Jan 2017 07:51:32 +0000 Tricky I’m sure.

I think Nahn Nguyen does this sort of stuff although I’m not 100% sure. A friend of mine is a client of Nahn’s and speaks very highly of him.

My advice, keep it simple particularly if you’re a novice. Unnecessary complications complicate matters unnecessarily.

This is general advise only.

]]> 6434a41cb46ea2b3c1464b9a6f0a5b78 Tom changed their profile picture https://www.propertyinvesting.com/activity/p/353387/ Tue, 13 Dec 2016 09:01:34 +0000 dfc33857c0464a8bd0b71a393ee27df5 Tom's profile was updated https://www.propertyinvesting.com/activity/p/353376/ Tue, 13 Dec 2016 00:19:28 +0000 d4d9fbad584f435544b45c75f7787bae Tom replied to the topic What to do with 250K but with no borrowing capacity? in the forum Help Needed! https://www.propertyinvesting.com/topic/5031746-what-to-do-with-250k-but-with-no-borrowing-capacity/#post-5031751 Tue, 13 Dec 2016 00:16:30 +0000 Agreed about the Jv, it’s fraught with danger. A developer I know put it this way: you need to care more about the relationship than the money if you go into a jv, because if/when it hits the fan the money will probably evaporate and the relationship will be strained. Of course, if everything goes well then hallelujah, but you need to prepare for…[Read more]

]]> f34c9d7877ec0f285f27c09dea2cb1f9 Tom changed their profile picture https://www.propertyinvesting.com/activity/p/336192/ Fri, 12 Feb 2016 04:12:28 +0000 0c849143ef0c8f33b7bd4e63774324bc Tom changed their profile picture https://www.propertyinvesting.com/activity/p/336191/ Fri, 12 Feb 2016 04:09:52 +0000 3faa559f6f4fe60a9a3a2404c1bb9428 Tom's profile was updated https://www.propertyinvesting.com/activity/p/336190/ Fri, 12 Feb 2016 04:08:02 +0000 81240e65bb99e3c05295c0f57a0a3ea2 Tom became a registered member https://www.propertyinvesting.com/activity/p/336188/ Fri, 12 Feb 2016 04:03:36 +0000