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Thanks for the feedback. Very surprised at what you mentioned about the credit rating - what exactly constitutes an 'enquiry' with a lender? Does having a couple of mobile brokers over to crunch some numbers informally constitute an enquiry, or a general telephone conversation where you provide...

With regards the linked offset account you mentioned, is that mainly for the purposes of being able to make monthly repayments back into the loan from. If there was no offset account, could you not get around that by simply making monthly interest repayments via EFT, or the like? My understaning...

ok I take that onboard - could you then please offer your advice on what you forsee as the main priorities (other than just saying talk to a specialist broker) on an IO investment loan? The interest only structure allows me to take the money saved on paying down the pricipal, and re-invest it...

Rick, I've actually spent many hours over the past few weeks talking to a few different brokers (in Melbourne), and getting an idea of what they have to offer. I have a good understanding on what loan structure I require - but prior to making a final decision on who to go with, I was just...

I am currently in the process of talking to prospective lenders to source a 95% LVR IO loan for a new investment property. Can anyone offer recommendations as to the best type of I/O loans / Lenders currently out in the marketplace? The best I have come across so far is Aussie Home Loans...

Great, thanks for the feedback - very helpful. Just one more query if you please - if the LOC will be with our current Lender (with who we have no other loans other than the current mortgage), will they insist/require to undertake an additional valuation on our property to assess current...

G'day, Can anyone offer a bit more advice on specific queries related to establishing a Line of Credit, in particular: 1) I understand that they are generally set up as P&I repayment loans (with slightly higher interest rates than normal loans); 2) LOC funds are generally accessed either...

Great. Thanks for the feedback, gives me a bit more confidence going forward.

Looking for our first IP, and having a bit of trouble sorting the good from the bad, in terms of who to speak to regarding general property investment advice. Have had some initial discussions with a couple of companies, ''Australian Residentail Property Planning'' (ARRP), and ''Property...

Great, sounds even more straight forward than I thought.. and seems I may have learned some things along the way! So just to clarify, Loan 1 - (PPOR mortgage) with offset account for salary / rent to be paid into (offset account also services LOC repayments); Loan 2 - LOC or term loan...

G'day, Firstly must say extremely glad I stumbled across this site, forum discussions are extremely helpful - it's a steep learning curve! That said, I was after some guidance on structuring loans for first IP, and advice on whether to following make sense: - current PPOR value $550K...