Recent content by KathyArthur

Hi Rolf, Thanks. Can you please expand on "depending on your serviceability get as large a STAND ALONE Interest only facility securedONLY on your current PPOR as you can". For someone who is a 1st timer, what does this mean? Kind Regards Kathy

Hi, Finally bought our first investment property. We're in our early 30's, owe $16K on our principle place of residence (worth $600K+) and have $40K in the bank. We have bought the property for $375K + Stamp Duty. My understanding is that these are our options: 1) Pay off our principle place...

Just wondering if a $500 deposit was paid on a house worth $500,000 and a contract of sale in Victoria was signed. If Purchaser decides to terminate contract of sale within the 3 day cooling off period, does this cost them $100 or 0.2% of the $500,000? Kind Regards Kathy

Hi, we're considering our first investment property and am after some advice as to which way to go. We're in our early 30's and have just paid off our PPOR. We are thinking of purchasing a bigger PPOR for approx $550K and then renting out the property we've just paid off. Anticipated rental...