Recent content by FeFiFo

Thanks SOP! Thanks Propertunity, especially for that link. That was really helpful and I feel it is best to focus my calculations on a basic cosmetic renovation to save time, hassle and money.

Hi Guys, I really appreciate any suggestions that you can offer me, as I am considering doing my first ever renovation. We have found a property that ticks most of the boxes. It is a unit, single level, red brick, one of four. 2BR. In fantastic location. It has a big yard which we want to...

Hi Guys, Many thanks for any assistance which you can offer me. I bought my first IP in 2008 in Gunnedah. Unfortunately paid too much for this ($285000) and it has been sitting there without any rise in capital gains. A recent valuation performed came back as $265000. We would be hopeful in...

Thanks for all of your advice guys. Its been really helpful. Fi

Hi Guys, I would really appreciate your help! We are dreaming big and perhaps getting a little over our heads. I'd appreciate any assistance as I'm practicing crunching numbers and hoping to learn as much as I can before acting. We are interested in a large block (790m2) in Reservoir, City...

Thanks Rolf! If we stayed with CBA for personal loan to purchase property would it be difficult to get a construction loan elsewhere? Any suggestions who would be more willing of approving this? As a general question also, we are currently going through a CBA home loan specialist which is a...

Thanks for your immediate reply Aaron! 1. In general sense, what sort of LVR based on end valuation of construction is normal? 4. To clarify your point: Currently we want to purchase and live in the current property at the front and do a renovation. We would get a discount on the stamp duty as...

Hi Guys, How easy it is to spend a day looking at this forum! I would really appreciate your help and advice. I am a beginner investor with three IP's in my own name. My husband and I are interested in a large block of land with a house which would suit a buy, reno, build, subdivide and...

Thanks for such an amazing post. This has made me feel much better as we plan to do a live in renovation with a 1 year old.... Really appreciate your suggestions:D

Thanks for your advice. I agree, we do need to become area experts first and be confident with our numbers before buying. We are in the early stages only but reservoir is looking good so far.

Firstly a big thank you for all of the information that is being shared on this forum. How easy it is to spend hours reading all of your posts. I was hoping to get some advice more specific to my personal situation, to help steer us in the right direction. My partner and I have decided to...