Recent content by JP888

From a fairly preliminary look over the past couple of days, the following look appealing to us design wise: Dale Alcock Summit Celebration Aveling

Cheers Aaron! Once we make a choice, will ensure we get everything in writing prior to proceeding. I was reading some reviews on productreview.com.au earlier and you're dead right, they mainly serve to confuse haha. Especially some of the lower ratings are sometimes disgruntled people hung...

Hi All I'm currently looking at building a new residence in the Spearwood/Beeliar/Yangebup area and am considering potential builders. Especially looking at the Eliza Ponds and Ocean Road development areas. Of course, their designs, etc, will play a part in builder selection, but if anyone...

As Brady mentioned, it's a Professional waiver up to 90% LVR with no LMI.

Hi Brady Cash buffer is $105k pre any pay down. Saving approx $20-30k a year (post purchase). I'd like to continue accumulating in the next 1-5 yrs but that obviously depends on growth and cash flows/buffers, etc. That's why I'm wondering if it is common to take on greater LVR's and LMI's to...

Hi Jamie I'd like to keep a minimum of $50k buffer, so Option 1 would place me right on that.

Hi All I'm currently organising finance for my 2nd IP purchase. Budget is $450k - $500k. I'm using equity for my deposit, but to do so, am paying my PPOR mortgage down using cash buffer funds from my offset account. I've narrowed it down to a couple of lenders with the help of my broker...

Thanks fellas, I didn't think it would be but wanted to check regardless. Jon

Hi All During the construction of my first IP, it was discovered that additional concrete footing would be required to satisfy the local councils requirements. This had been overlooked in the initial plans somehow. As this was not included in the initial IP loan, I was forced to pay $7000...

Puchase prices: PPOR: $415'000 IP#1: $310'000

Thanks Rolf. I am thinking of having them both valued very shortly, but my best guess, which would not be far off the mark would be: PPOR: $415'000 value, remaining loan is $365'000 IP#1: $320'000 value, remaining loan is $290'000 So not much Equity to speak of at the moment...

Hi All I'm currently considering buying my 2nd IP and would like any advice on my loan structuring. My current setup is as follows: PPOR: $365'000 IO loan on a variable rate of 5.63% (with an offet acct, balance of $65'000) IP#1: $290'000 IO loan on a variable rate of 5.63% Both of...

Hi All I'm looking for an accountant in Perth who preferably specialises in property tax matters and can structure my finances in all aspects, for maximum results. Who is also well educated in setting up trusts, corporate trustee structures, etc, etc. As my property investment journey is...