Recent content by SaberX

One thing the effortless empire book omitted, which I picked up in a brief flick through the "0-350 properties in 3.5 years" book, if any of you have read, was the use of entity structure. Just curious from a general pov what most brokers would advise. Having signed my offer and acceptance...

"In this situation, we'd put you on IO payments, and anything extra you wanted to contribute would go into your offset account. This reduces interest payments the same as extra principal repayments would, except they aren't in the loan which makes them more easily accessible and gives more...

@Redom 1. Understood. i Guess SS feedback is the only social peer feedback i have in finding a great broker - generally don't have any family or friends to source recommendations from so it would make finding a good broker harder via cold calling or google searching, unless I knew exactly...

Would a good broker touch upon side issues such as income protection (for those without one already) given you are dealing with the financing and repayment side already? I've also been reading the "effortless empire" free book I got from Chris Gray at one of the trading and investing expos a...

Thanks Jess, I'll have a read tonight. :) @Peter: WIth your suncorp example, is the issue with accessing equity refinancing due to their reluctance to redraw equity and issue out further loans on a property? And hence why you have to pay extensive fees to refinance with another external...

Also, is it etiquette wise fully acceptable for one to shop around when first trying to engage a quality broker? DO you all get frustrated or generally accept that sunk cost in providing tailored meetings and advice/strategy, may not always convert to a client? Just wanted to go about the...

Albanga, thanks for your input. Are non-fixed price building contracts common place or available? Provisional sums are largely only site works related from what I see? Your analogy is completely correct. I wanted to focus indeed on someone who can add not their 10 cents, but their $10 worth...

Apologies appears my segregation of threads were amalgamated into one and hence the two opening posts. I thought I'd seperate info request to building process but i guess the mods prefer to amalgamate. Peter, thanks for your responses. This is the sort of information those who've been down...

Hi all, Just wanted advice on the financing process and its interaction with buying and building on my first block of land. Paid the deposit and have until mid June to obtain approval for financing. DOes this mean one needs to have drafted building design plans prior to seeking finance...

Building - first timer Hi all. A shortened version of a prior thread in order to garner better responses... First time building - bought a 400~ m2 block, 15m~ frontage... Would appreciate any hints, tips and tricks, things you wish you knew or would like to impart, or any great resources one...

Hi all, Just wondering if anyone could recommend some of their most favourite websites, resources or hints and tricks for the buying their first land through to the building process for the first time. There's a lot of odd advice out there but I'm trying to locate more detailed, indepth guides...

Yeap i read through the first copy and seemed ok. Second copy which only I've signed i glanced through given id seen the first in depth over that hour. Looked identical although i didnt put them side by side. I'll request the countersigned copy and do a mirror image check in my leisure time.

Could someone please advise on my question re: The importance of whether my second copy of the stage 1 contract should be signed by the agent also? Provided her copy has both our original signings, this would sufice? Or would one go back to get the second copy signed for completness, even...

Yes i believe they are selling quite forward and hence the lack of engineering plans even. This should becomes available in the next two months I'm hoping.. Really hoping to get together a mortgage broker in that case Westminster who not just looks for the right financial product to get me...

Hi all, So just put pen to paper on a new land lot... 15.13m frontage.. with uneven sides lengths (25.5 and 27.5). But otherwise 15m at the back. So relatively square. Plan is not finalised so no angles or easements known. Have written some threads bout this elsewhere on somersoft -...