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    Asbestos in lino backing

    Hi all. I've pulled up some old lino floors in a house I just purchased & the backing is a reddish compressed paper / cardboard like substance. Is this asbestos? And if so, how dangerous is it in this form? It doesnlt crumble when crushed o gove off any visible airborne particles...
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    Construction(?) loan for renos

    Hi Guys, Another one for the finance Brains Trust in here... So we've settled just last week on a new (100yo!) property, wth the intenson of extending our loan to cover some much needed renos & extension. At original valuation, the property was valued at it's purchase price ($835k) & I'm...
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    LVR - Does this include LMI??

    Hi Guys, I have just refinanced to upgrade home @ 90% + LMI, however the lender is considering the $12k LMI as part of the LVR pushing me to 92% LVR. Problem is, this lender has breaks in ther rates <80% >80% up to and including 90% >90% As you can see, including the LMI in the LVR...
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    Bankwest / LMI criteria

    Hi All, I am currently going through the refinance / purchase process.. Current property refinance Valuation: $600k Refinance: 90% inc. LMI (Approx $530k + $10k LMI) Current loan: $400k on this property Cashout: $130k ($40k costs / $90k deposit to new property) I have Macquarie...
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    A doozy for all the gurus out there...

    Hi All, Long time lurker first time poster. I have a question regarding property investing I'd love some input on... We own (are paying off) an apartment (our residence) we bought off the plan in Sydneys Inner West in 2009. An identical one in the block just sold for $600k & we owe about...
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