PropertyInvesting.com | valluvan | Activity https://www.propertyinvesting.com/members/valluvan/activity/ Activity feed for valluvan. Wed, 15 Apr 2026 05:42:24 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 97b33cd381764ae8d26338d9fcff1f4e valluvan replied to the topic First PPR/IP - Structure Question in the forum Help Needed! https://www.propertyinvesting.com/topic/5048001-first-pprip-structure-question/#post-5048003 Thu, 20 Sep 2018 11:56:52 +0000 Thanks for the response Terry. However it has made me even more confused. Are you saying its better to retain the land/house in my wife’s name rather than trust/compant etc? Apologies we are very new to this and not sure If I follow you

]]> b30ddbab0f0074baa8097e04bf8bc494 valluvan started the topic First PPR/IP - Structure Question in the forum Help Needed! https://www.propertyinvesting.com/topic/5048001-first-pprip-structure-question/ Thu, 20 Sep 2018 05:45:20 +0000 Hello,
We are first time buyers/builders and have recently purchased a land to build our own home to take advantage of the first home owner’s grant and no-stamp duty.

The land contract is on both mine and wife’s names and the mortgage is in our names, even though I am the income earner of the household. Our plan is to build our home, live in it…[Read more]

]]> d06fa46aaa2d55ee6c818a1acf44eb9e valluvan started the topic Buyers Agent in the forum Help Needed! https://www.propertyinvesting.com/topic/5042519-buyers-agent-24/ Tue, 23 Jan 2018 09:24:34 +0000 Hello everyone,
What does the forumites think of the use of buyers agents. I am looking to buy my first IP this year and wondered if I need to use one to de-risk my adventure, as well as save on time and effort. I am looking to invest in either Victoria/ACT or Tasmania. Do I need to engage a buyer agent from the actual/territory I intend to…[Read more]

]]> 116f960a00d01cd4c64e1231bb8fcc67 valluvan replied to the topic Bank Loan on Empty Plot of Land in the forum Help Needed! https://www.propertyinvesting.com/topic/5041944-bank-loan-on-empty-plot-of-land/#post-5042001 Tue, 02 Jan 2018 02:56:23 +0000 Hi Jaxon,
Thanks for your email
Yes the current land Mortage is at 80%LTV no LMI. I am told by my mortgage broker that I am eligible for Mortages upto 1M. We definitely don’t want to defraud the state or the government around stamp duty. So we will probably build a smaller home at a total land+build of around 700K(as we think that at 850K we are…[Read more]

]]> fe71d2728ffe2e88ad42aa878c6be3e1 valluvan started the topic Bank Loan on Empty Plot of Land in the forum Help Needed! https://www.propertyinvesting.com/topic/5041944-bank-loan-on-empty-plot-of-land/ Mon, 25 Dec 2017 23:05:47 +0000 Dear All,
Quick question and help please:

We purchased a plot of land in an estate in one of the south east suburbs of Melbourne with the original plan of building a PPOR. We had taken a 80% LTV mortgage for the land. The land has just settled and because we are first time buyers we were not required to pay any stamp duty costs. Talking to a few…[Read more]

]]> 66f22c75c6502e2e8a69007056d13757 valluvan started the topic First time Buyer/Investor - Land or House? in the forum Help Needed! https://www.propertyinvesting.com/topic/5041319-first-time-buyerinvestor-land-or-house/ Fri, 10 Nov 2017 20:59:24 +0000 Dear All,
Sorry newbie here to everything…so please bear the long post…

We are would be first time investors and reading up a lot of material before we take the plunge.
We have recently purchased a block of land in SE Melbourne(settling next month) with the original intention of building our first PPOR. We are first time buyers and understand…[Read more]

]]> 27d6ccdd80032474a9aad3c01748a1f6 valluvan replied to the topic 250K Cash -- Investment options in the forum Help Needed! https://www.propertyinvesting.com/topic/5038025-250k-cash-investment-options/#post-5038399 Mon, 31 Jul 2017 06:14:57 +0000 Warragul

]]> f456731739e560282375fa4ed78dbec4 valluvan replied to the topic 250K Cash -- Investment options in the forum Help Needed! https://www.propertyinvesting.com/topic/5038025-250k-cash-investment-options/#post-5038358 Fri, 28 Jul 2017 08:31:26 +0000 Thanks Corey and Jaxon. The mortgage broker has confirmed based on my current earnings, my borrowing potential is upto a million. However he has asked me to wait for atleast 3 months to get bank’s pre-approval. Meanwhile what do u guys think about the below plan:

We have seen a new estate in one of the regional town in the south east…[Read more]

]]> 584708f545daaf52d4c03a7eee7e54e5 valluvan replied to the topic 250K Cash -- Investment options in the forum Help Needed! https://www.propertyinvesting.com/topic/5038025-250k-cash-investment-options/#post-5038142 Tue, 18 Jul 2017 11:38:49 +0000 Hi Jaxon,
I am slightly confused now… are u saying both wife and I will qualify as first time buyers separately which means we can both buy our first properties separately and get 2 FGOG/Stamp duty benefits in total? I was under the impression only one FGOG/stamp duty exmeption applies for a couple who are buying their first property?

]]> 29574bdb110c6b640ecc62ee418b1378 valluvan replied to the topic 250K Cash -- Investment options in the forum Help Needed! https://www.propertyinvesting.com/topic/5038025-250k-cash-investment-options/#post-5038112 Mon, 17 Jul 2017 08:26:26 +0000 Not sure why u think I will put only 100k into the house. Obviously I will top up my deposit with a mortgage for the investment property unless iam missing something from ur question?

]]> a091d5e5ae02f5f4122e40f7901b69ef valluvan replied to the topic 250K Cash -- Investment options in the forum Help Needed! https://www.propertyinvesting.com/topic/5038025-250k-cash-investment-options/#post-5038100 Sun, 16 Jul 2017 09:50:12 +0000 Dear Tony and Corey,
Thank you so much for your pointers. Met with a mortgage broker who has suggested to wait for at least 3 months to get some sort of bank pre-approval for mortgage(as I started employment only recently). So looks like realistically our PPOR may happen only after 3+ months…

However wife is concerned with the raising land…[Read more]

]]> c7f74b24ef0eee03b8a60c30ccb5f98d valluvan started the topic 250K Cash -- Investment options in the forum Help Needed! https://www.propertyinvesting.com/topic/5038025-250k-cash-investment-options/ Tue, 11 Jul 2017 03:17:31 +0000 Dear All,
We are currently renting at the moment in Melbourne’s south eastern suburbs having moved from overseas recently. We would like to get our own place soon, taking advantage of the favourable stamp duty terms and first time buyers grant. We have about 250K in the bank as result of selling our overseas home . We are thinking of Setting aside…[Read more]

]]> 071dd6c0c986598b977a882fadd17245 valluvan became a registered member https://www.propertyinvesting.com/activity/p/361492/ Tue, 11 Jul 2017 03:09:58 +0000