Search results

Hi Sunstone i shall add more info in my profile - nice guitar outlet by the way. i plan on building 3 t/h the site is one street from the beach so the location is fantastic. i plan to sell 1 or 2 not sure yet... A

Hi All i am developing a site which has a 3 bedroom house feat: lounge,dining,rumpus rms,cedar weather board in Seaford, central heating, new hot water, polished boards, etc. i have commenced renovating the home but have now decided to develope the site. i am not really fused at what i...

hi Shezza i have been investing in frankston and seaford for a few years now and have gained some excellent cap growth out of it. i am currently building 3 large townhouses/units 2 street from the beach near safeway, am realy excited with this project. best advise i can give you is walk...

hey bundy sounds great. i always thought you need more down with Commerical , say at least 25%+. i have a few friends that have com - i have found that the risk factor maybe be higher than residential but at the same time it can be very good espically if you have a good tenant that will...

hey simon thanks for your post the other day. Was going to say the same as Queen bee - check your docs.. A

thanks guys so if this was your sitution i would be interested on how you would set them up? 3 1p and 1 ppor ip1 val 300k ip2 val 150k ip 3 val 200k PPOR val 260k ip1 loan 164k ip2 loan 100k ip 3 loan 157k (seperate leader) ppor loan 185k LOC 103k all props are in blue...

interesting for me the chances of defaulting are very min.... does it benefit the borrwer to access more funds (equity) as its one loan? i suppose when it comes to tax time it would be more of a challenage to work things out as there will be only one statement x all properties.

thanks for your imput - will continue to suss it out..

Hello Rolf & Aceyducey thanks for your time to read my post!! this is the current loan format ip1 loan 164k Val 300k ip2 loan 100k Val 150k ip 3 loan 183k Val 260k LOC 103k all with the same lender. i am possibly looking at moving into ip3 once reno completed. look...

Hello Fellow friends Before i start i must admit i have been surfing this excellent site for some months now so this is my first post! i am in a sit where i am refinacing 3 IP and my broker is suggesting to have all loans formed into 1 in order to fully maximes the equity/LOC. The...