Recent content by vet

  1. V

    1st time selling through auction

    i'm really nervous... we are about to list our investment property on the market and our agent believes we should be able to get above 600k... Any advice or just sit back and hope for the best... do you think 600k reserve is ok if the agent believes he can get 600k +?
  2. V

    Help figuring out CGT on Investment/PPOP/Investment

    ok thanks a lot for the reply
  3. V

    Help figuring out CGT on Investment/PPOP/Investment

    Hi all, We bought our investment property at the end of 2009. Rented out straight away for a year and a bit... then decided to move back in.. Did a bit of reno and stayed there for about a year... Then decided to rent it out and use the rental income to rent an apartment... At the beginning...
  4. V

    1 month grace on mortgage repayment

    i just rang them and they said it would cost $250 to switch and seeing as though I have 2 separate loans with them, that's $500!
  5. V

    1 month grace on mortgage repayment

    thanks for all the feedback... I'm still deciding on what to do... A part of me wants to sell the investment property in feb rather than Sep.. the reason why I want to wait to late next year is that I'm hoping price will go up a bit more... get more back so I can knock a huge amount of the...
  6. V

    1 month grace on mortgage repayment

    thanks guys... yeah i wasn't planning on not paying cos I know banks are ruthless... I was going to call them and ask if 1 month is possible... Would this be recorded on my credit rating? worried about borrowing money in future and having this bite me in the ***
  7. V

    1 month grace on mortgage repayment

    no it's not interest only... Principle and interest if that's what you mean... even then it won't help... i need at least 1 month grace in order to give me some breathing space... I can always borrow money but want to leave that as a last option. nothing worse than borrowing money to pay debt
  8. V

    1 month grace on mortgage repayment

    hi all, i hope someone can give me advice... I'm embarrass to say that we're struggling at the moment with repaying our mortgage (PPOR and investment property) and have almost maxed out our credit card... my wife is on part time work to look after the kids... the bills have kept on coming and...
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