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OOOH Buzz I did not know that at all. I will not do anything as a guarantor now. Definitely not.:eek::eek::eek: I will need to find another way to help.

I have a feeling I know the answer, but I would really welcome some more expert opinions. If I was to go guarantor for a loan for a family member; would the bank consider this commitment to be the same as any other loan I have when it comes to working out servicability and equity on any...

So Rolf, No need to construct an income producing investment in the company name in order to show we can service the lo doc. Just flash the co abn and date of incorporation? Sounds ok. Is it the same for an investment property? I may do a spot of developing (again). :) I feel pretty...

Thank you Bigtone, Perth Investor and Piston Broke. I have only ever had full docs before, so can you explain the diffences between a low doc and a no doc?:confused:

Hello to all my REI colleagues, Can anyone help with some information with this. I need a 70% lo/no Doc loan for a PPOR. The bank value of the property (house on suburban block) will be say $420,000. We will have about 145k as a deposit and to pay costs. WE have a company with an ABN that...

Hello to you Whatever 123, and to all you other somersofters who have got investments in the booming suburbs of Melbourne and Sydney. Someone may have mentioned this to you before but it is worth saying again. The Australian property market is more than just these selected star Sydney and...

You speak so much sense Aussie. Median prices are very often a flawed measurement. I think is a gross distortion of the truth when newspapers publish median prices as evidence of price growth, trumpeting "boom" headlines. The current situation with the disappearance of the FHOB is an...

loan moneys Have you started your company with your own money; i.e. have you loaned your company some of your own money? If your company is running on a loan from the directors I believe the company could pay back bits of the loan to the directors and no one pays any tax. Can anyone...

Skater Do you expect this GEN Y person with an entitlement complex to be fair and reasonable to a kind, compassionate Baby Boomer such as yourself. I certainly would. It is not good enough, no matter what state she was in. A bit of consideration would cost her nothing. You are right...

Any feedback from Brokers or investors with recent experience.... I understand that banks are starting to give their customers the cold shoulder regarding DOING A REDRAW FOR PERSONAL/OTHER INVESTMENT SPENDING. e.g. in 2006 I was approved for a loan that took me up to 67% LVR on a...

Went to 3 different opens on the Redcliffe Peninsula Brisbane on Saturday and only saw two other people inspecting properties. Despite this, all of the agents were very confident that the market was very strong! How can a mug punter like me find out what the market is really doing at a given...

Hi Rockstar, I hope it wasn't your typing finger you crushed. Ouch Hey,, these kit homes. I take it you are building them yourself as an owner builder??:confused:

I love your posts Sunfish. And I love Bayview's posts as well. Both have vastly different perspectives, and offer useful POV. We all need to know that this is not a "boosters club" and that posters all have vastly different perspectives. I sold 2 properties early 2009, and have retained...

Right Garbage. If I am surfing RE.com.au ,I am usually dismiss the property and surf to the next one if I can't work out what the address is. Call me grouchy, but I resent the way agents withhold the address from listings. I just blunder on to the next one. On a few occasions I have...

Congrats JC on your investment. The very first place to start is your local council's website. here you will find zoning, which is what will determine the density of housing allowed on your particular block. Once you have done this I would see your surveyor, who will help with the planning...

8.5% sounds pretty reasonable. Well done i say.

Now Nathan, you can't just leave a bald statement like that hanging there. What do you mean by "todays market" ? A lot of RE investors would think 5% was ok. :confused:

go Michael Have been following your development adventures right thru Michael, and I am happy to see you are on to the next stage now. Best of luck with it. I will be watching your progress along with the rest of the Somersoft Community. Leave nothing out. this should be very educational for me.

Now my 2c worth. Have you investigated your heart function? Leaky valve, blocked artery, murmur could all throw up similar symptoms to this. Your doc could help you to exclude this as a cause. Cheers

Ah another Toowoomba forumite, Brothers together in pain...... But not altogether alone by the sound of others on the forum. Lets hope the new water security helps RE values a bit in Toowoomba. At least the place might green up a bit!:)