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No. Not as far as I know. REA a bit cagey about this question.

Anyone care to comment on the following. Looking at a single title property that has been turned into dual occupancy. Litterally they have closed off a doorway and are renting the property to two tenants. Rental returns are fine. However what legal implications am I exposing myself too...

Can anyone recommend PM for the Geelong Area. Any advice would be appreciated.

Hi, thanks for the replies and info. I am currently looking into the cross collateralisation info. For lukentel (im assuming your talking about current IP) details are as follows: purchase 189000 - 95% LVR Current loan approx 174000 Revalued by NAB 230000 awaiting a further valuation...

Hi there, I have come to the point in time to purchase our second IP. Our valuation has resulted in about 45000 equity available to us. So with that in mind the bank, NAB, has advised that they will simply extend our loan to incorporate our next purchase.?? So my question or confusion...

Hi, Thanks to all that have posted replies. Much appreciated. I must admit that I didnt realise that this would have to considered a commercial venture. I am unsure why this would not be considered a normal mortgage arrangement. And if it is a commercial deal, then I will not be so...

Was searching for properties in Melb & Sydney. Property 298000, returning 385 pw, leased until 2011 to a company like Quest or Medina apartments. Tenant pays outgoings - Body Corporate/Insurance/Water/ Maintenance / owner pays council and water rates (960 per year). OPtions 3 x 5 years...

THanks for the mail, for fear of sounding ill-informed what do you mean by unit area? It has ample street parking and off street parking with rear entrance for the tenant. It is in excellent condition having been recently refurbished. No views but in main street, close to post office and small...

Im a first time investor and essentially Im after advice on the value of investing all of my finances into a commercial property or should I use a lesser amount of my finances to get into a residential property, ie., commercial property finance is loaned at an average 65-70% vice 90-95% for...