Total Members: 158,199

tom123

  • Hi All,

    I’m looking at purchasing a property with a stand alone granny flat at the back of the property, it would be a good investment the only thing i’m worried about is the tenancy agreement. because as of right now i believe what is happening is the tenants are on the lease who live in the house but the stand alone granny flat is then rented…[Read more]

  • tom123 replied to the topic Need $2.5m for 12 months at 8% First Mortgage – 65% LVR in the forum Help Needed! 9 years, 10 months ago

    for an investor wanting to put up the 2.5m what does it mean to have the IP coded / non coded? like pros and cons?

  • tom123 replied to the topic How do you find out the vacancy rate for a suburb? in the forum General Property 9 years, 11 months ago

    Thanks guys very helpful!

  • tom123 replied to the topic Selling Rick Otton Massive Passive Property pack in the forum Buy, Swap & Sell 9 years, 11 months ago

    Please message me offers*

  • tom123 started the topic Selling Rick Otton Massive Passive Property pack in the forum Buy, Swap & Sell 9 years, 11 months ago

    Hi all I’m selling Rick Ottons massive passive property pack which i purchased late 2013

    I’m located in Melbourne but can post Australia wide if needed.

    Please message me we offers or for further information cheers.

  • tom123 started the topic Selling Rick Otton Massive Passive Property pack in the forum Buy, Swap & Sell 9 years, 11 months ago

    Hi all I’m selling Rick Ottons massive passive property pack which i purchased late 2013
    I’m located in Melbourne but can post Australia wide if needed.
    Please message me we offers or for further information cheers.


     

  • tom123 started the topic How do you find out the vacancy rate for a suburb? in the forum General Property 9 years, 11 months ago

    Hi all i was wanting to know what the calculation was for figuring out the vacancy rate for a suburb, and which is the best way to get the information needed for the calculation.
     
    Cheers, Tom

  • tom123 replied to the topic No tenants ! What to do ? in the forum General Property 9 years, 11 months ago

    how do you find out what the vacancy rate is for an area?

  • tom123 replied to the topic what entity should I buy my IP’s through? in the forum Creative Investing 10 years ago

    Hi Hamish,

    I want to invest in Victoria because I live in Victoria and i want to make profit and experience from investing in property…

  • tom123 replied to the topic Mortgage Brokers in the forum Finance 10 years ago

    Also what other issues need to be addressed following a loan approval to assist with the loan settlement?

  • tom123 replied to the topic Mortgage Brokers in the forum Finance 10 years ago

    Hi PLC,

    That's really interesting, Is there any other documents you might have to blacken out? and when you email them to the lender, which department would you email them to / contact?

    Cheers, Tom

  • tom123 replied to the topic Mortgage Brokers in the forum Finance 10 years ago

    oh ok, thanks Jamie!

  • tom123 replied to the topic Mortgage Brokers in the forum Finance 10 years ago

    Also how do you normally submit the documentation to the lender in an appropriate manner to protect client confidentiality? 

  • tom123 replied to the topic Mortgage Brokers in the forum Finance 10 years ago

    HI Jamie thanks for your reply i was wondering when you said that they compile their documents is this as in getting a pre-approval ready for you? or is that something different?
    Also when you write the application do you mean you just fill in a application from the specified bank that you're trying to get the loan from or is there universal…[Read more]

  • tom123 replied to the topic mortgage brokers / bank valuers in the forum Finance 10 years, 3 months ago

    Thanks guys. much appreciated. ANZ was just for etc. in general was asking about all banks. basically i want to be in a position where i have a pre-approval (for 400k etc) and then go to a house i like, and get a bank panel valuer to do a valuation on it (the same bank panel valuer from the same bank I'm get the loan from) and then give this to my…[Read more]

  • tom123 replied to the topic Caveat vs mortgagee in the forum Help Needed! 10 years, 4 months ago

    hey gobi,

    you can go to the banks external dispute resolution scheme. which would either be..

    http://www.cosl.com.au

    http://www.fos.org.au

    hoped this helped.

  • tom123 replied to the topic how do you apply for a credit license? in the forum Finance 10 years, 4 months ago

    Hi Qld,

    Thanks a heap for clearing that up for me, i had that idea on my mind for a bit.

    ok well could i use a JV and vendor finance? for etc. 100% equity deal i sign a jv with the home owner. and then use vendor finance strategies to on sell to a buyer?

    so i would be the joint venturer with the credit license, the home owner would have the…[Read more]

  • tom123 replied to the topic how do you apply for a credit license? in the forum Finance 10 years, 4 months ago

    so i would be wrong to think that if i had a credit license and there was a house with 100% equity that i using my license could arrange a loan application as them loaning me the money?

    i was thinking maybe it could work both ways :s

    Cheers, Tom

  • tom123 replied to the topic how do you apply for a credit license? in the forum Finance 10 years, 4 months ago

    Adding to that as well, me getting a credit license with my position now. couldn't i use it as a way to buy into properties? with 100% equity deals?

    so maybe me not so much using vf for incoming buyers but more of a way for me to get into houses cheaply? 

  • tom123 replied to the topic how do you apply for a credit license? in the forum Finance 10 years, 4 months ago

    Hi qld,

    Thanks for your insightful advice, much appreciated. when you say

    Also remember you need income outside of installment contract returns as lenders wont accept that without 2 years

    do you just mean 2 years employment / income? excluding installment contracts.

    and also my MAIN question which no one really answered yet. is do you have to…[Read more]

  • Load More

tom123

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
158,199

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!