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Are there any companies u have used that u were happy with? Ta.

Thanks Womble I'll look into it.

We have driven our 2001 Corolla to its end and need a new car imminently. Kids have grown and to fit them all will need a 7 seater. Hoping for under $20k but mor like 25-$30k as we spent so much on repairs that a old car is sometimes a false economy. So ideas please on how to finance it are...

Coniston? Coniston is close to town but somehow it still has slow, low prices. Why is this I wonder.

We already used up all the equity earlier to buy another IP. The idea of the parents home is it wold be our own family home in the future.

Decision decision. We have the opportunity to buy my parents four bedroom home plus study on 650 m? of land. They will sell it to us for market Value, but will help us by lending us the deposit right now so we can secure a loan before changes to mortgage lending criteria and to tide us over till...

Is it possible in principle? Ta

Jiggling equity loans?Is this possible. We want to sell IP1. But it has two equity loans against it up to a total of 92k. We need a deposit of 100k to buy our PPOR and so if we could move the equity loans off of this property, we would not need to sell two properties, just the one. If we did...

There?s something with pensioners whereby their PPOR is exempt when calculating the pension amount. So you could live in a $3m house and still receive full pension. What is used to assess the pension is your income from other sources such as annuities, savings, etc. So my parents receive about a...

We may sell 2 IPs soon. We would welcome any Tips n tricks n 'private sale' listing contacts for re.com.au?? Eg there's one listed with a Prahran address you can go with.

Speaking of family, what makes this more interesting is that we want to buy my parents home to be our PPOR ... They want to downsize and said they need to sell. Yet we also thinking what is best for them re govt rules for retirees. They are pensioners in good health with no other property ...

Hi Jess that is intriguing, I've not heard of using term deps that way. How does it work? We have no term deps set up now.

I doubt it as we bought a new property using 90% LVR only in April. with the purchase of the family home we can arrange it to be before or after settlement of sale of the IP because we are buying the house off my parents in a private sale. Which order do you recommend?

We will be buying but buying a PPOR. However we will also keep another IP...maybe can put that equity loan onto that??

We have an equity loan secured against an IP which was used as a deposit for a further IP. if we sell the first IP (that has the loan against it) , do we have to pay out that equity loan? Or are there other options? The LVR of the new IP is 90% and bought in April15.

Thanks Paul and Rick. Am I on the right track if I add up all the monthly interest payments plus all expenses our PM sends us on each IP ( as they pay all maintenance, etc), plus insurances, then subtract off rental income. To see our overall positive or negative expenses. What spreadsheet do...

Thanks Paul and Rick. Am I on the right track if I add up all the monthly interest payments plus all expenses our PM sends us on each IP ( as they pay all maintenance, etc), plus insurances, then subtract off rental income. To see our overall positive or negative expenses. What spreadsheet do...

We have three IPs. We used equity loans from IPs 1&2 to fund deposit forIP3. I'm trying to calculate total incomings and outgoings for each IP. My question is: against which property do I put the interest on the equity loan as an outgoing? Is it against the IP its secured against OR is...

Thanks Michael. That is impressive equity again at McQuarrie Park! I also agree that three months is probably not much time. We were hoping to get about $14,000 from each property but not thinking that it will happen just now, better to increase equity by putting cash into the offset. Thanks again.

I meant to say impressed at HOW you have answered everybody's questions... Not 'at her'.