Single income earner

[KakaiMember@kakaiJoin Date: 2004Post Count: 3]

February 7, 2004 - 9:48 am

[]I just accepted a redundancy package from employer and not veru keen to look for a job since im in the process of thinking what i could possibly do with the money i have now .just bought the book of steve and so encourage with his idea and wondered if i could start property investing.since my husband is the only working now ,just settled our very first property in Gold Coast with 20,000 equity ;our house 90000 equity can any bank will finance another property with our situation .any idea/input will be of help.God bless.

[Mortgage HunterParticipant@mortgage-hunterJoin Date: 2003Post Count: 3,781]

February 7, 2004 - 10:31 am

Kaye,

As long as all the incomes stack up there is no reason why you wouldn’t get a loan for another property.

Ask a lender or a broker to run some figures for you.

We would need info on debts, savings, property values, loan sizes, credit card limits etc.

All the best,

Simon Macks
Mortgage Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

[TheFinanceManMember@thefinancemanJoin Date: 2003Post Count: 18]

February 9, 2004 - 4:30 am

Hi Ronkaye,
I am a mortgage broker on the Gold Coast. If you like to discuss it face-to-face, my time is free. I could check which lender would be most suitable for you for your circumstance.
Regards
MortMan
[email protected]

[KakaiMember@kakaiJoin Date: 2004Post Count: 3]

February 11, 2004 - 11:03 am

Thanks Mortman but how can we contact you ?we ‘re from sydney .

[KakaiMember@kakaiJoin Date: 2004Post Count: 3]

February 11, 2004 - 11:05 am

Thanks for the reply I appreciate it Mortgaehunter.

[Mortgage HunterParticipant@mortgage-hunterJoin Date: 2003Post Count: 3,781]

February 11, 2004 - 12:35 pm

Kakai,

I can help you in Sydney – drop me an email.

Cheers,

Simon Macks
Mortgage Broker
[email protected]
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.