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  1. J

    Wait, Develop or Granny Flat ??

    Thanks Thanks for the comments so far. I'm not too keen about the child centre idea but would be very interested to still look at the residential use ideas. It's a bit challenging with so many possible options at hand.
  2. J

    Wait, Develop or Granny Flat ??

    hi all Newbie to property investment here. I have a block of land Zoned R2(a) in Burwood NSW, located near Liverpool road. The property was bought in 2012, is currently tenanted and I?m paying about $8k land tax per year. The land is 1018 sqm with a couple of big trees located near the...
  3. J

    Terrible Renovation Job - insurance cover

    hi all I recently bought a renovated property for investment purpose, newbie mistake, should've bought something and renovated myself instead. Anyway, i've only just recently discovered that it had a terrible bathroom job done. builder with unqualified plumbing experience attempted a quick...
  4. J

    Deductability of redraw from PPOR home loan used as deposit for IP

    Re: rolf To me the broker was aiming to maximize the borrowing capacity, but I think there are other ways to borrow 100% without crossing the 2 propertise. I think I need someone to teach me how that could be done. E.g if I'm going to use the equity or redraw from my ppor to split (like what...
  5. J

    Deductability of redraw from PPOR home loan used as deposit for IP

    additional info The 10% for IP2 was done on a bank cheque, just passed on to my solicitor (it'll be put into the developer's trust account). I discovered this forum too late. Now I think maybe I could've taken out a loan against the equity from PPOR for the 10% deposit. Any remedial actions I...
  6. J

    Deductability of redraw from PPOR home loan used as deposit for IP

    hi all, newbie :D to property investment here (buying my first and second IPs this year). Just wondering if someone would kindly share some tips. PPOR ($350k, bought in 2009, valued at $400k now, not yet refinanced) IP1 ($250k - pre 85, fully renovated last year) IP2 ($700k - new...
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