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    Is it possible do anything better here?

    My friend's family with my family are buying a land from landcom in NSW which is suitable to build a strata titled duplex. We still haven't exchanged the contract. Currently the all the four names are in the contract. Our end goal is to build two duplexes and hold long term. My friend's family...
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    Split account with offset correct usage

    I have been approved with 100K equity from my loan provider. The lender has created a new loan and offset account for the split. The funds are now released by the lender and they kept it in the offset account. For investment purposed, should I draw down the loan and make the payment from...
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    NSW new home owners grant for 2nd property

    I am buying two lands and planning to build. Just found out from OSR website that NSW new home owners grant of $5000 be availed only once in a financial year. http://www.osr.nsw.gov.au/grants/nhg/faq By setting up a trust or company, could it be possible to avail the grant for the second...
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    How quickly equity can be released?

    My current lender approved a $200K equity loan but the funds only be released for buying a land (their credit policy). I am planning to buy a land costing 350K soon. Since the full equity has to used for the purpose of buying a land, I am going to use $200K equity and 150K loan from another...
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    Account structure please?

    I would like to get your advice to set up structure of two investment properties. Below is my scenario. 1. I have just one PPOR with 500K IO loan. Offset credit of 300K. Current lender won?t allow equity loans but allows split loans. 2. I bought a land from landcom over the weekend. I also...
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    Development site structure advise please

    I have a competitive offer to a development site in regional NSW. The site comprise of 2 titles. Total cost around $800K. I have just spoken with the town planner and it would be possible to build 16 town houses in the land. I am going to join with a friend to build this property. We both...
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    First IP which lender

    I have a PPOR worth 700K. Loan 450K. I can get 20% equity loan from my current lender. My broker advised me AMP/Homeside Lending/Westpac or CBA for my IP. Not sure whom to choose. My plan is to buy an old house and build a granny flat. Which lender is good for best interest rate and...
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    Best account set-up with split loan and redraw offset accounts

    I am a new to property investing and this is my first post. Your help in account set-up is appreciated. I have a PPOR loan with an online lender (loans.com.au) with $500K in loan. I have 200K in redraw offset account. This is what I am thinking to do after reading various posts in...
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