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    Valuation for luxury apartments

    Are banks normally VERY conservative with valuations on luxury apartments? mine came in 100k+ under the indexed price. In auction 3 people hit the indexed price. They also compared my property to none that are comparable including a notorious building that was in the news (1 railway...
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    Turning PPOR to IP and refinance

    (NSW) Heard this a few times id imagine. Turn PPOR into IP and refinance to help PPOR. We know you cant claim tax deductions on money borrowed if it isnt being used for investment purposes. The 2 common accepted and legal workarounds 1. Sell to a trust/third party at arms length. 2. Sell to...
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    Penthouse option?

    I want to upgrade to a bigger home to start a family. I live in a unit in Strathfield/Burwood atm and love it. stuff: - 33 yr old. Nearly paid off my unit (~500k). Both wife and I work full time - budget probably 600k-1000k (want to keep my current unit as IP) - 3+ bedroom. Starting...
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    First Home Buyers Boost Wrapup

    Ive been reading up and collating data and opinions from several sources. I thought i would post it here for everyone to view and discuss. Basically there are 2 TOTALLY different trains of thought. Its all opinion, and hopefully people can make decisions based on this data. Please note that this...
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    What should I do?

    Hi, Ive been surfing these forums for 6 months now looking for hints and tips and now im stuck in a pickle so i thought id register and post. My situation is im a 30 year old (living at home) looking for my first home. Ive been looking for over 15 months now, and ive saved up enough for a 40%...
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