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I recently was in the same situation with a potential ip close to hv lines. The property was priced well for the suburb but after further research the mortgage insurance issue arose and I didn't pursue. Mostly because I would be limiting my market in the future when time to sell, and the fact...

Got 4.47 with ANZ yesterday which I'm happy with as it was 5.03 before adding the new loans. 4 loans over 3 IP's, one is still fixed at 4.99, total loans 740k with 80% LVR

Will restart this thread as I'm in exact same situation now. Had to pay 5% deposit on Friday with my own cash to secure property. Loan funds came through today (Wednesday). Property settles in 3 weeks. Is it best for me to pay another 5% with borrowed funds to REA trust now and get them to...

My side fence is now horizontal...

Hi all, As the weather moves south towards Sydney region today how did everyone fare in the Newcastle area? I both live and invest in Newcastle and came out reasonbly well compared to what I've seen around and online. Lost power for about 15hrs at my girlfriends place and my IP in Waratah...

Newcastle is moving fast and doesn't seem to be slowing just yet. I'm seeing a huge number of buyers hitting open homes with most being snapped up within first week 300-400k range. Nearly everything is listed "offers over". I offered 50k over asking on a property in Wallsend a few weeks ago and...

I'm from Forster and have an IP there (was originally PPOR). The market declined a few years ago and remained flat for a while, however it is on the move again, at a slow pace, so I would say 2014 would have been a good year to buy. Days on market are reducing and houses in the bottom and top of...