Recent content by LSM87

I haven't been able to dig up a lot of info on the particulars of this arrangement. Basically I'm looking at a situation where I'd take on % of the mortgage repayments and/or inject some funds into the mortgage in order to enter a tenants-in-common type arrangement for a % share in an already...

That is something I will look at, I hadn't really considered it to be honest. How does the math work out on that? Back of the envelope stuff incoming: Say I borrowed $250k for a subdivided place in Epping, I am assuming the repayments on that are going to run $1500 a month, vs $1200 in rental...

What are the situations where higher deposit requirements would apply, and what's the rationale behind it? I would not be interested in a investment property, I'm looking for exclusively owner-occupier. Edit: I've just done a bit of research on this, interesting stuff. Seems like it's due to...

A large part of wanting to live in the CBD is reducing my commute, I work 50m from Flinders St station so I'd like to be within walking distance, or within a few mins walk of the free tram zone. I'll look at North Melbourne too. I won't worry about new places if there isn't much that fits, just...

I want to spend under $250k, so I'm really only looking at shoebox stuff (Although not too depressing if I can manage it), which is fine as it'll fit my lifestyle (I work in the CBD and don't spend a lot of time at home generally). I'll contact a few of these agents and see what's around, not...

Yeah, I kind of expected that. Thanks for the word. Are there any good threads / faqs here on buying small apartments? I notice many listings are listed exclusively as investment properties as they are in student housing buildings (Unilodge etc). What's to stop me telling the tenant to hit the...

Well if I'm wrong on this tell me, I've only just begun researching, but is there not a $10K freebie available for first home buyers of newly constructed residences? From this link: State Revenue Office

With the amount of cranes dotting the Melbourne skyline I'm surprised at the seeming lack of new/off the plan apartments listed on domain/re.com I'm looking for small apartments, studio/1bedder at 250k or less if possible. Does anyone have any tips for finding a suitable property? I'm a...