Recent content by Evad

Thank you Learnings for the LMI tip – they probably would have charged me it all again. I will mention this when I call today. So when I accept I assume they will get me to sign another contract. What is the best way to set it up? Do I have a cheque book attached Is interest...

K so it is my understanding that i can get 44K but i have to leave some in the property. And Should i not tell them what i want it for. Or get the LOC and just spend the way i see fit anyhow

I had my unit valued just yesterday; it came in @ 230K. I owe 163K. I was going to get a LOC for deposits on cheep property in NSW under 100k. The bank has said that they will lend (in equity LOC) 21K to take my LVR to 80% or 44K to take it to 90% but I will have to pay LMI. I think from...

Hey The7. What would the holding cost be exactly? I’ve got the Loan, rates and maybe liability insurance. Anything else? And Thanks Rugrat. I see what u mean. I may have to start elsewhere. There will always be another opportunity. 1 step at a time eh? And thanks everyone for their input...

I do apologise if I have wasted anyone’s time :o

Wylie Thanks mate. The whole “give it go “attitude along with Propertunity’s “reality check” has helped. I may have to find some other solutions. But don’t not try eh. Your story sounds similar to the position I’m in at the moment with the exception of the finance I can or can’t currently...

No, just not enough. Again no, just not enough. The point is to engage people that are smarter than I and learn. Even if this whole thing was made up I will still ask. And maybe someone has learnt something from this thread that has been created other than myself. It’s not that I “can’t” Its...

So how do I get a reasonable price if this were the case – He may know that I do live next door but I’m really not sure. I may have to find a JV and pay close to what he wants.

Thanks Wylie. So many options. Off subject. How is one supposed to get ahead? I couldn’t get that kind of funding. The bank wouldn’t lend it to me based on my income. Westpac has pre approved me 220k based on a %20 deposit. I have 20k maybe 30K in my existing property which isn’t even 20%...

Correct Correct he wants 230K Correct. I have seen this land sell once before since I have lived next door (little secret) 4Years Around 2 weeks. Auction was last Sat In my opinion interested. He has responded to both my offers and approached me on Monday to let me know that it was now...

HAHAHA Well said ozprep Thanks for that. :)

I wondered this. Cheers And I don’t have cash. I have pre approved finance though. But am very cash poor at the moment and very new to this. To be honest I was only at the auction to be a little well not cocky but it was empowering and like I said “new to this” so trying to learn. I don’t know...

The vendor wants 200k + for 800 sq metres. Maybe worth around 180k I’m willing to pay between 150k and 170k, however I want to put in writing an offer that is valid for 1 week (or something) explaining (justifying or convincing) the vendor that my offer is realistic. Never done this before but...

Firefox is a way better Browser and always will be. Use it :)

Go to Tools and then Add ons. On the box that pops up click get add ons. Far right in blue "browse all add ons" click oin this. A new page will open. Up the top search for Add Block. It will be the one with ABP in a red stop sign picture. Right hand side click install. Restart firefox When...