Recent content by Housechopper

Just looking to add a crossover to my IP in Melbourne. Does anyone have experience with this? The crossover is to add a parking space in front of the house as on street parking is very difficult during the day. It will require removal of two on street car parks. I'd be interested if anyone...

Thanks everyone for your help. So will the bank (CBA) let me borrow the costs of stamp duty also? I ask the above question because when I bought my ppor, I had to pay the stamp duty in cash plus come up with the 20% deposit to avoid LMI. I like your proposal Terry, and I do think I...

My current PPOR was financed with a 20% deposit, I/O loan with surplus funds deposited into a 100% offset account. The house value has increased by $150k since I purchased it, and I would like to use this new equity to fund a negatively geared investment property worth $800k. What is the...

oakleigh south Whats wrong with Oakleigh South? A fairly big suburb, with different pockets, proximity to golf courses, schools and the Oakleigh shops.

Hi Folks Just wondering if a broker or accountant can provide some advice. I have a PPoR and am looking to purchase an investment property and complete a subdivision - building at the rear of an existing house and selling the new home after. My current loan is a 80% interest only with...