Recent content by ximentuxue

I went to Beecroft today. It's a nice and quiet suburb. Will come back next weekend for further investigation:)

I am afraid not.

Hi Guys, I would really appreciate your advice on where to buy in Sydney with 1.25 m budget for the following conditions: 1. Suburb with train station 2. Within 45 minutes commute to Syd CBD 3. House, with at least 3 bedrooms 4. Decent primary school/s Thank you~

Thank you for sharing. I talked to my accountant today and in her opinion, in my case, SVR IO with redraw facility or SVR IO with offset won't make any difference. She said, the point is the purpose of using the money. As long as the purpose is for investment property and not contaminated with...

Thanks for the reply. Actually, that's what I have decided to go with. I will simply apply for a standalone variable loan and get fully approved first. Then when I have located my IP, I will draw money out to pay for 20% deposit.

First of all, thank you all for your valuable advice.:) I am wondering, what if I choose SVR + Offset Acc, and I take the loan (e.g. 80k) and deposit into linked offset acc. But I won't take any of it for personal use. I will just draw it all out from offset acc later for 20% of my IP...

Thank you, Terry:)

Hi Guys, Just got my learner plate here:) Immediately, I need some valuable advice. I bought an Unit A last year and moved in since then. It was valued 600K and I borrowed 500K from bank A. The 500K loan was divided as: 200K Variable with an offset account and 300K Fixed. This...