Recent content by Rookie1

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    Suggestions in QLD for newby investor?

    Hi Beanie Girl, Yes I will do this asap. That way I will have time to correct any weird little issues that may be hiding on there. Another great suggestion! Thanks.
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    Suggestions in QLD for newby investor?

    And Moneyman 85, Thankyou for the soil report - re: Redbank Plains... this is scary to me, and something I would not have considered unless warned! Thanks for the heads up. And happy house hunting :)
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    Suggestions in QLD for newby investor?

    Hi Beanie Girl, No, no spot of bother :) not that it is a bad idea, it is great to be thinking outside the box and trying to help! ... and I guess it depends on the lender, and a whole lot of circumstances as to whether it could help or hinder your position. I think I might play it safe though...
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    Suggestions in QLD for newby investor?

    Hello again Wow you all are so very helpful! thankyou. I did not commit to the balance transfer idea, only for fear of the kind of thing aerobar said. I don't know enough about lending/loan apps and credit to be sure that each $10,000 cc would not then show up as cc debt in my loan app. I...
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    Suggestions in QLD for newby investor?

    Hi Beanie girl, Just a couple of questions about the cc balance transfers, I have been reading some threads on whirlpool about this - how to do it etc. Many conflicting opinions - but like yourself people have done it! so I am curious, It is what you do with your existing cc balance that I do...
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    Suggestions in QLD for newby investor?

    Thanks Beanie Girl, I am going to look into this. Thanks for the real life example too. Makes more sense to me now :) Will do some thinking and research - then post an update, Thanks again!
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    Suggestions in QLD for newby investor?

    Oops, just realised more posts after Beanie Girl's idea :) Thanks for the input. I do realise a strategy like this (the ccard stuff) could get a bit messy - especially for a newbie. Rixter - Thankyou for your words of wisdom :) you are right - no more focusing on just the property - I guess...
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    Suggestions in QLD for newby investor?

    Beanie Girl, Talk about thinking outside the box! :) amazing! this kind of strategy sounds complicated, and perhaps risky - if I were not a good saver, but I am very disciplined. My question to you is, would the bank not see what I have done to raise this money and frown upon my loan app? I am...
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    Suggestions in QLD for newby investor?

    I forgot to say a big Thankyou for taking the time to read my posts and reply. I appreciate it! :)
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    Suggestions in QLD for newby investor?

    Hi all, Beanie Girl - I will save $7200 in 4 mths. & will get a $5000 + tax return, long story :) Nishy - Yes I will be eligible for DHOAS but only on PPOR Pinkyboy - Ha ha you mean cyclone Dylan? glad it was a bit of a non event :) Nth Brisbanite - I think you are right. I think I...
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    Suggestions in QLD for newby investor?

    Hi Dimsh, Thankyou for your advice :) maybe I should elaborate on my situation and see what you guys think?... I am looking at purchasing in a few months - only because of my work/life situation. I work in defence and have done for 4 yrs now. but will be transferring to reserve work in...
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    Suggestions in QLD for newby investor?

    Thanks for your help guys. It seems if I do stretch my budget a little more, a whole new world of single dwellings opens up! These places from the posts above do seem like much better value - with more potential. I think I will just stick to these areas and keep my eyes peeled. So true about the...
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    Suggestions in QLD for newby investor?

    Thank you Jamie M, will do. He did mention that a principle and interest loan would be better - during our phone conversation which made me wonder, as I feel an interest only period would suit me better from the research I have done. I will definately keep an open mind. Thanks for the advice...
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    Suggestions in QLD for newby investor?

    Thankyou for your advice I have made an appointment with Mortgage Choice today. The gentleman I spoke to over the phone seemed very helpful, and cautious - rather than trying to push me into something. Will see him Friday and take things from there. I have previously done a couple of online...
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    Suggestions in QLD for newby investor?

    Hi all, Stumbled across this forum whilst researching - and it is great! so much info from people who have done it all before. Best people to learn from in my opinion! So any help/advice would be greatly appreciated - as I am new to investing, and don't want to stuff it up the first time...
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