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Hi Rolf Thanks for your feedback. Yes LMI exposure can be a problem once a borrower has a bit out there. One of the reasons I guess that Onyx have taken on a new lender that doesn't require LMI, enabling us to specialise in the bigger portfolios. Yes, unfortunately Exit fees are...

Hiya I have just started working for the company in question, and I'm not sure where some of this info has come from but I'll clear it up: Onyx is a Mortgage Origination company, not a broker. App fee is $990 including val (negotiable), I have not seen any brokerage fees KTM, perhaps...

BV If your questions have been sufficiently answered by non-broker members of the forum, why should a broker throw in his/her 2c just for the sake of it? The reason is often that if you have not provided specific details about your financial position it is often difficult give specific...

HI Rolly Just on the point of banks/lenders raking money in on loans issued in the boom over the last few years, not true, lending institutions don't make much in the early years of a loan. It is not in their best interest to try make some quick cash and then foreclose on you. Brendon...

Hi Julliet The question should be whether they can offer any more services than a fee free broker can. If they cannot, then why use them when there are plenty of good free brokers around? Comes down to value for money and whether you feel they are good enough to warrant the fee they...

Thanks Fatboy How are things in Bundy at the moment? Brendon ----------------------------------- Acute Mortgage Reductions www.acutemr.com.au [email protected]

Thanks for your time Rambada, much appreciated! Some great info and ideas there, actually similar cheaper units within 10km of the Brisbane CBD also seem to be moving well as they are affordable. Brendon ---------------------------------------------- Acute Mortgage Reductions...

Hi Thommo I was referring to the general population out there, not the educated inmates on here. Perhaps we're the contrarians to the contrarians? Brendon ------------------------------------------------------- Acute Mortgage Reductions www.acutemr.com.au [email protected]

Good point Acey, if the herd is selling then yes, you're the contrarian. Brendon ------------------------------------ Acute Mortgage Reductions www.acutemr.com.au [email protected]

Hello Rystar I did say 'If this was my situation' so it comes down to your personal goals. Being cashed up coming into a buyers market just makes better sense to me short term, I can always revert to a long term buy-and-hold strategy at any time. With 470k cash you could easily go buy a...

Hi GG If you can hold of a valuation, study it and find out how the valuers do their job, and what methods they use to determine the value of a property. Once you have that sussed you will be in a better position to talk the lingo with the valuer, and 'help' him/her with your educated...

Hi Y'All Don't know the Coast as well as Brisbane yet, but have a friend/client who is looking to buy an IP for around 250k. Does anyone have a few pointers on a few suburbs that would fit into this category? I realise it is a very general question but I figure they have worked out what...

HI Harriet I'll be a contrarian on this one. If this was my situation I would sell, and use the cash as deposits on a mixture of property in potentially high capital growth areas (ie. still some parts of QLD) and positive cashflow properties. Then I would rent. All comes down to...

Hi Brisveganites Thoroughly enjoyed Ian's talk a while back, but unfortunately missed Peter's talk last month. Can anyone fill me in on some brief info on what they learnt at his talk? Will try make it to the next one. Brendon -------------------------------------------- Acute...

Hi BV Have used Aims myself about 2 years back, and found their customer service and loan processing so bad that I had to extend settlement 3 times on a purchase, and the deal nearly fell over. Pretty stressful I can tell you, especially when the loan consultant went on holiday in the...

Bugger! I was hoping for a couple more! Brendon ---------------------------------------------- Acute Mortgage Reductions www.acutemr.com.au [email protected]

Went to Steve's workshop yesterday in Brisbane. Thoroughy enjoyed the day, thanks Steve, and I can highly recommend it to anyone else thinking of going. Brendon ------------------------------------------- Acute Mortgage Reductions www.acutemr.com.au [email protected]

Hi HAven't used them but I can recommend a guy called Dennis Bubke. I think you may get him on 07 3369 8800. He has been around for years and knows Brisbane well. Brendon --------------------------------------------------- Acute Mortgage Reductions www.acutemr.com.au...

Hi Perky Coral Cove is a golf course estate on the beach about 15-20 mins drive from Bundy. It is next to Bargara which has had extreme capital growth the last year. My brother bought a place there last year for 130k and sold it 6 months later for 230k. I have heard reports from the...

Hi Dave I think you've missed the boat for the North Lakes estate in Mango Hill. I have an IP there that has made me a small fortune in a short space of time, but recent reports from local agents tell me the market has certainly cooled up there. There seems to be a lot more stock...