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  1. ando

    Is Interest on Land Claimable ?

    G'day everyone After quite some time I have finally got finance to purchase my first Investment Property or part of it for now anyway. It is a house/land package and I have a loan approved for for the land component which should settle in a couple of weeks. But I am not in a position to...
  2. ando

    Disheartened and Dissapointed

    G'day People I am need of some advice. I have been looking at purchasing my first IP and have had my finance knocked back by 2 lenders. My broker gave me me the impression that finance would be ok and gave me figures of how much certain lenders were willing to allow me to borrow and it...
  3. ando

    Interest on Progress Payments

    G'day I have just taken the plunge and bought my first IP. It is a House Land Package and I have progress payments to make as the building stages progress. As I will not be drawing down my entire IP Loan at once but only what is needed for the payments and therefore the interest will only...
  4. ando

    Using Equity in my PPOR to borrow

    Hey Everyone Can a financial guru explain to me what the dangers could be in using the equity in my PPOR (about $100K) to borrow for an IP. My wife is on the conservative side and is very cautious of putting our house up as security to borrow against. If worst comes to worst and the IP...
  5. ando

    IP Loan Structure

    I currently have a Line of Credit on my PPOR and I am just about to purchase my first IP with an Interest Only Loan with an Offset Account attached. I need some advice as to where I should place the more funds? In the Line of Credit Account, working against my PPOR, or the Offset Account...
  6. ando

    Falling Water Estate Pakenham

    G'day everyone I am a newbie here and to Property Investment, and I was after some advice on what could be my first IP. The location is "Falling Water Estate" Pakenham. It will be a new house $294,000. Does anyone know much about Pakenham's growth etc? Cheers ando
  7. ando

    In Need of Some Advice

    G'day My name is Daniel and I have decided that the time is right for me to invest in the Property Market. I hear a lot about Captial Growth, Rental Yields, Vacancy Rates etc when it comes to looking for an investment property. Where is the best place to start to get an idea of these...
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