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    LOC information please

    I had my unit valued just yesterday; it came in @ 230K. I owe 163K. I was going to get a LOC for deposits on cheep property in NSW under 100k. The bank has said that they will lend (in equity LOC) 21K to take my LVR to 80% or 44K to take it to 90% but I will have to pay LMI. I think from...
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    Letter to convince the vendor to sell cheaper

    The vendor wants 200k + for 800 sq metres. Maybe worth around 180k I’m willing to pay between 150k and 170k, however I want to put in writing an offer that is valid for 1 week (or something) explaining (justifying or convincing) the vendor that my offer is realistic. Never done this before but...
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    Where do people find Mortgagee Sales?

    Where do people find Mortgagee Sales?  :D
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    Buy land and Build

    Hi all. There is a block of land I am looking at buying in hope to build a house on it and possibly rent or onsell. Could anyone elaborate on any possible strategy and the process, maybe things to watch out for as this will be my first time? I am thinking, Buy the land and build the...
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    Interesting Read i Thought

    http://www.ecm7.com/rp//417/Content.clsp?ContentId=1242
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    Common Ground

    Hi all, I live in a strata titled unit and the second unit has been up for sale for some time now. In my opinion they want to much but that’s a different story. There is dividing fence on this property which separates one whole block of common ground. Technically it shouldn’t be there...
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    Locking IN Interest rates

    Can anyone label the true Pros/cons of locking in my interest rate Please ?:)
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    How to work out total costs ?

    Hello evevryone. i am looking into buying a section and does anyone know how to work out the total costs to the doller and is this actually possible. (i know or asume is possible but how do you "actually" do this and be confidant that you have done it correctly) What I mean is... NB: all...
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    Help needed :)

    Hi everyone OK Here is the Scenario. I live in a strata titled unit 1 of 2. (to my understanding this means that there no body corporate (as I don’t pay any) and there are 2 separate titles but we have common ground) I owe around 168k A few months ago my Neighbor died and I saw the potential...
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    Sorry not sure which thread to put my question in

    Hello everybody This is my first post and I am maybe what you might call “inexperienced” in property investment although a certain part of me has what we call “analysis paralysis”. So if I ask silly question please let me know or bear with me. I do remember my Microsoft trainer saying that “the...
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