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  1. angel0death

    Refinancing a discounted property

    Hi all. I've found this ground floor apartment which has a very awkward floor plan. It's been 2 years and no one has bought it. If I manage to buy it at a discounted price, how will the bank value it? So, this place is about $430k. If for some miracle, I manage to buy the place for $300k, and...
  2. angel0death

    Help with construction loan for a granny flat

    I bought a house in the western suburbs of Sydney as investment, with the intention of building a granny flat in the back. I knew that I wouldn't be able to build the granny flat right away, because I don't have enough cash. So, I've been saving up for it. Recently, I called up my bank to...
  3. angel0death

    Can I Still Increase Rent?

    Hi all. Wondering if someone could provide some legal advice. So, I've got a property that's tenanted via a property management company. The tenant's lease is about to end, and I've offered the tenant to continue their lease on my property for another 12 months. I've also mentioned that...
  4. angel0death

    Where to park money temporarily

    Hi. I've recently re-financed my current IP, which allowed me to increase my LVR from 60% to 80%. So, I've basically got my 20% initial investment back. My loan is with CBA, and I've got a MISA account tied to the loan account. I'm still looking for another IP so that I can put the 20%...
  5. angel0death

    Difference between CBA's Offset Loan (MISA) and Line of Credit

    Hi. I want to refinance my IP, and was approved for CBA's Line of Credit. However, reading some of the posts in this forum, there's always mention to have an offset account instead because Tax declarations will be much cleaner. CBA has the MISA product which is basically an offset account...
  6. angel0death

    Which book?

    Hi. I'm just starting to look into investment properties, and I'm wondering if there is a good book out there to give me a good idea on investment property strategies, what to look out for, how to structure it to maximize tax returns, etc. I'm not sure if there is an up-to-date book which...
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