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  1. malcomb

    Using super to pay off LOC

    Hi all, I'd appreciate some advice on my situation: We own our PPOR(value $450k), and have an IP (valued at $400k). IP is subject to an IO loan. LOC is currently set at $120k, with $80k owing on the LOC, ie $40k buffer. This year I can claim my super, which is a measly $90k. I'm still working...
  2. malcomb

    Pre-purchase inspections

    I am wondering at what point do negative features uncovered by a pre-purchase inspection allow the buyer to reneg on an offer? Can a buyer withdraw his offer(ie, an offer that was subject to a pre-purchase inspection) on the slightest thing? Or does there have to be a considerable range of...
  3. malcomb

    We're all Ponzi borrowers

    An article in today's Age by Michael Pascoe reports on the poor opportunities that now exist in the investment property market. His report has been prompted by comments in a scathing Morgan Stanley report about the Australian property bubble...
  4. malcomb

    Paying debt with debt

    I've read all the stuff by property investors who say that if you build up enough equity to place a deposit on a property, then mortgage the newly purchased Investment Property, you only need the new mortgage to draw its interest payments from a planned buffer that you are holding in your LOC...
  5. malcomb

    Buyer's Advocate in Melbourne

    I'm over all this research and reading. :confused: Can anyone recommend a good Buyer's Advocate in Melbourne?
  6. malcomb

    hotspotting.com.au any good?

    Have come across hotspotting.com.au which offers information on locations that may have some potential for real estate investment. The key information is in the form of reports and they are at a cost. Has anyone accessed the premium information? Is it worth it? Do they suit certain investor...
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