PropertyInvesting.com | vovchik | Activity

vovchik replied to the topic FHOG - buy IP, rent out for few years, then demolosh and build PPOR, QUEST: will FHOG be received when building? in the forum Help Needed!

Thu, 10 Apr 2008 04:31:42 +0000

Hi cadan,the rule for FHOG is that you have to live in the property within 6 months of the 12 months of owing it. Only then you will qualify to receive it…Hope it helps…

vovchik replied to the topic Becoming A Broker? in the forum Finance

Thu, 31 May 2007 06:17:17 +0000

have a look in herehttp://www.becomingafinancebroker.com.au/also if you like I can set an appointment with our managers so they can answer all your questions…check my website for more information and let me know if you want to be introduced to our office.Regards,Vladimir

vovchik replied to the topic Avoiding mortage insurance in the forum Help Needed!

Thu, 31 May 2007 05:39:47 +0000

ING could be the way. I just wrote one loan where client paid zero insurance on 85% lend. Also Homeside are very flexible on their policy and depending on the deal may be able to waive some LMI. Talk to your broker to discuss the possibility.

vovchik replied to the topic Foreign Exchange - HELP!! in the forum Finance

Wed, 30 May 2007 13:46:44 +0000

Hi afgangirl,try http://www.hifx.com.authey have different ways of exchanging the currency.ask Jillian Kirwan, 0410404707, 92512626They are our business partners and few brokers within our company used them and were happy with services…Call/email me if you have any questions,Regards,Vladimir

vovchik replied to the topic Centrelink income for home loan in the forum Finance

Sun, 28 Jan 2007 04:26:48 +0000

Unfortunately, most of the lenders would only accept permanent Centrelink payments, such as Military/disability pensions or Family allowance. Newstart Allowance or Austudy are not generally accepted as a major income.
You may still however try to use your IP as a major source of income, however that would most certainly lead to you loosing your…[Read more]

vovchik replied to the topic Starting Investment Portfolio in the forum No Subject

Sun, 28 Jan 2007 04:16:58 +0000

Hera,
I agree with Qlds007 that before you go ahead with Lo/No Doc loans, a bit more work needs to be done to determine whether your “official” income is enough to service your loan. Talk to few mortgage brokers/banks and see what the best you can come up with.

Vladimir Alter
Smartline Home Loans, Sydney
Ph: 1300 VLADIMIR (1300…[Read more]

vovchik replied to the topic Helping kids get started in the forum No Subject

Sun, 28 Jan 2007 03:43:39 +0000

I think getting a straight deposit may be a problem because as I understand you both retired already. However, you may consider taking Reverse Mortgage against your property should 20% guarantee be no option to you.
Providing you are both 60yo or older you should have no problems obtaining such finance, however prior advice from Centrelink (it…[Read more]

vovchik replied to the topic Getting Finance - F/time Temp worker in the forum No Subject

Sun, 28 Jan 2007 03:33:05 +0000

Also many lenders would be willing to consider your temp work providing you have been in the same industry long enough, 12-24 months depending on the lender.

Vladimir Alter
Smartline Home Loans, Sydney
Ph: 1300 VLADIMIR (1300 852 346)
Email: reduce.mortgage(AT)gmail.com

vovchik replied to the topic 100% Home Loan in the forum Finance

Thu, 11 Jan 2007 00:34:57 +0000

Hi SK,

Have you considered First Home Owner Grant. Basically, if this is your first purchase and it is not for investment purposes you may be eligible to receive $7000 grant from the nsw government. The more money you put as a deposit the less costly the total purchase price would be for you. Believe it or not, but just $1 extra spent towards…[Read more]