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  1. M

    Using an existing LOC (drawn) for buying shares - Deductability

    Hi All, I think I've got myself in a bit of a twist on how to maintain deductibility on a LOC while moving between asset classes. A classic case of acting before thinking it through!! Situation is (round numbers): Existing IP - Purchase Price $1m 80% Lend with 3 IO splits ($700k)...
  2. M

    Lenders view on Contract Income

    I'm considering a move to a new employer and want to know how it would affect my borrowing power. Employer would be a NSW Gov Department, but the terms of the employment would be a rolling 6-month (possibly 9-month) contract and remuneration is given in a per hour rate (+ super). The...
  3. M

    Bringing finance for IP from overseas

    Hello all, New poster here, so bare with me. I am only just starting down the road of property investment and I have been devouring the information here and in other places. It's been said before but this is an excellent resource and want to thank those who contribute so much. I am looking...
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