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i was also worried about them finding out and mayb foreclosing/ calling in the loan,but i suppose its not like they are going to drive past and check!

hi,thanks to all for your replies,i have the money in an offset account,its been there for a few months,so i can basically do what i like with it,but yes that was my concern,them pulling the off set amount,particularly as i am going owner builder.im not sure what they will do if they find out...

I am wondering if I need the banks permission to build my DA approved seperate house on the back of my current PPOR? I know I should however I have been told by my mortgage broker and friends who are in the finance/property business not to tell them until after the property has been built...

hi i dont know if you have read this book, real estate mistakes by neil jenman good book and makes you realise how agents rip u off. good luck and make sure you view every house around u when selling or renting,and note condition and prices.

hi guys,does any one know what laws apply in queensland?we do plan to do this as part of our investment strategy,so i guess we will b in the buisness of providing finance.how does this affect things? thankyou

hi guys yes have considered all of above. if we managed to increase property val by say 30k and refinanced this would mean we could pull approx 80% of this out which would be an xtra 24k,minus approx 1k in legals,leaving 23 k. this in itself would not b enough to finance another deposit.also...

yes that mayor has some answering to do!hes on cith business in DUBAI right now!i didnt know that was a city of the gold coast?wouldnt it b great if we all sold our properties and left the to look after the homeless which we provide shelter for! perhaps there are some nice trees in a park...

renos hi all,we r also doing reno but on a duplex.purchasing for 200k,currently 2 bedders are selling from 230k upwards,here on the gold coast.currently vacant so will be able to do most of work prior to settlement,we then plan to resell at around 230k after allowing for taxes etc,we should...

vendor finance hi guys,we actually have properties which we r prepared to leave the deposit in as we sell them.does anyone know of legal obligations of us as vendor pertaining to this?ie does th consumer credit code apply?or would u just make up a standard aggrement between your self and...

loans hi try pacific mortgage corp.they do lo doc to 75% we have 3 loans with them,also do transtasman loans

hi guys does anyone know the cgt tax situation when you rent out your ppor? by renting it out for a period of time would that now mean you would b liable for cgt when you came to sell it?and if so would that be on the purchase or from the val at tim e u decided to rent it out?any way around...

hey guys heres how to avoid land tax cgt and stamp duty. go invest in new zealand,we have none of that crap!this country has too many stupid rules and taxes!personally we are taking our gains and heading back to nz,where most propertys are positive cash flow !the north island seems to offer the...

sorry forgot to ask,which part of nz did you buy in?weve just been there for a month and are moving back shortly to continue our property purchases.i also did read on one of those sites that if you make a profit when you sell in nz,you will be liable for cgt in oz.a lot of investors get around...

hi check out this website. www.gra.co.nz they are accountants who deal specifically in these types of things,based in nz

hi guys,we always use lo doc to fund all of our ip.we also use this to fund our ppor as well.however,the rules concerning lo doc and ppor are about to change.as of jan 5,our bank will no longer allow lo doc to fund ppor,and they have imformed us that this will be the case throughout oz,in...

hi guys,thanks for your feedback.we will let you know what we decide to do and how it all goes.thanks

hi guys.we are thinking of buying a house on a large block and subdividing and selling off the other half.anyone know if cgt will be payable on this type of transaction?we will purchase as our ppor and live there,seems agood way to avoid stamp duty and c gt!

ok thanks for that.ill have a read and see what it says.

Hi everyone, Just wanted to know how long you have to live in your PPOR to get the stamp duty discount. I originally thought it was 6 months but someone recently told me you could do this four times a year. I live in Queensland by the way. Not sure if there are different regulations for...

hi guys.thanks for your coments.we have decided to wait till may,then sell the unit.for two reasons.one being the fact that we can [pay off the mtge on ppor and turn ourother two into positeve cf properties.we also plan to go to nz to purchase because there is no stamp duty capital gains or...