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We have an existing Garage in the backyard that we want to convert into a Living Space / Granny Flat. We will eventually build a pool beside it, so we are not looking to rent it out as a granny flat. It will be used as a pool side house (ie good to have basic kitchen facilities and...

Can a fixed loan be portable to a new property without incurring the usual fixed loan break fees (economic costs) ? Assuming the fixed loan amount remains the same from one property to the next of course - ie no change to any of the loan terms other than the security. Is this something all...

How much should I expect to pay for an Independent Property Valuation for a Sydney property that is worth somewhere around $1.4mill ?

So here is the latest idea. Would appreciate some thoughts as this is all new to us, having never owned anything more than PPOR. Background Wife, 2 kids (9 & 7). Combined income $220k. Current PPOR is a beautiful, large home in Sydney's north. We owe $1mill on it, IO for another 4 years...

We currently have a great house as our PPOR that will attract a strong rent. We are thinking of using our equity and some more borrowings to buy a much cheaper house to live in as our PPOR and then rent out our first house as IP. Cashflow wise (before any income tax or negative gearing...