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Hi All I mentioned in a separate post I now have $90k cash which I intend to use as a deposit/deposits on an IP/IPs. The bank I currently use (which rhymes with wet-patch) has stated they will lend me $450k. I haven't lodged any formal loan application yet. I don't want to use the whole...

Hi All Without going into details, I'm now starting over again from an almost nothing base. Over the last year I've scrimped and have been able to acquire $90k through saving, selling old stuff, renting my body for weird medical experiments and making some tough decisions. I have decided...

Hi All, Recently I arranged a LOC for potential opportunities that might arise this year. Figures as follows: Market value of house - $445k Loan - $157k (with redraw facility of $70k) LOC Limit - $130k So the LVR on our PPOR is now 80% with the LOC and no drawings on teh LOC at the...

Hi All, I am currently applying for a LOC to ensure funds available for any opportunities which may arise over the next 12 months. My PPOR is valued by bank at $445k Loan Balance is $157k Redraw facility has $69k in it Salary details for me and wife around $130k The bank is saying...

Hi All, I'm currently looking at various suburbs for potential IP purchases and with one suburb that I am looking at, the medium price os around $360k, however, house and land packages in the suburb are around $390k. Given that the H & L packages would have greater depreciation and...

Hi All, Can anyone recommend a good real estate agent in Morayfield, Queensland for potential IP purchases and possible property management. Many Thanks Zargor

Hi All, Has/is anybody used/using the CBA's Viridian LOC product and if so, apart from the info on the CBA's website, is there anything one should know about using this product that may not be readily apparent? Have you had postive or negative experiences with this product? Zargor

Hi All, Can anybody recommend a reputable PM for Brisbane South suburbs? I realise this might be a utopian dream, however, any suggestions you ahve would be greatly appreciated. Zargor

Hi All, Not wanting to go into the pros and cons of using trusts for asset protection purposes, as his seems to ahve been done to death in another post, may I please ask how people are generally structuring their IP purposes, nowadays. It would seem to me that if you purchased in a...

Hi All, Hope you all had a nice Christmas and New Year celebration. I am currently arranging finances to have them in place so I can move quickly to purchase my first IP, when the right opportunity presents itself. I currently have a main residence worth $450k with debt of $150k against...