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  1. M

    Final inspection . Vendor hasnt maintained property well

    Hi , Final inspection tomorrow (afternoon settlement) and the gardens are a mess. On auction day (nsw) lawns and garden very neat . Thats not so bad i guess, but whats bothering me is a large (44 gallon) drum that seems to be full of used oil sitting near the garage. Surely i cant be...
  2. M

    pre approval then shoulder dislocation

    Hi last weekend i was teaching my kids to body board at the beach and dislocated my shoulder . I could be laid up between 6 weeks to x months depending ( specialist still on holidays appointment next week). Fortunately i have 20 weeks sick leave and about 3 months long service if required...
  3. M

    Own IP and renting looking to buy ppor

    Hi , we are getting a bit sick of the 'characters' we live amongst renting cheaply , so looking to buy ppor . Situation is own 1 IP worth about 340 k . Owe St George 150 k . Rate 5.49% after advantage. 50 k Redraw. 50 k Offset. Need 420k to buy ppor. Stg branch guy offered to...
  4. M

    Best practice refi IP with redraw

    Hi , I searched a couple of pages but couldnt find an answer. Say i owe a bank mortgage 100k with 40k in redraw on an IP. 1. I can refinance 100k and take a check for the 40k . I can then place it in the new lenders redraw account . 2. I can refi 140k ,and the new lender will place the...
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    Advice on best structure to carry on

    Hi smart people, have to approach some lenders this week about following; 1.Recently approved top up loan against Macquarie Fields NSW ip worth 250k about 130k owing to St George. St George will release about 40k at an 80 % lend to buy 2nd ip, also 30 k available in redraw . 2.Renting...
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