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This is a really interesting thread to follow. Good luck with it Ace. I look forward to watching your new business unfold from an idea to reality.

As a newbie I checked out and ended up registering with three or four different sites. I found some reasonably good info on them but found that SS is by far and away the best site. I learn something about property investing every time I log in here and I thank all of the members for their...

Hey lenojd, Try this website. It's a very useful research tool. www.sqmresearch.com.au/ I hope it helps.

Just wanted to ad my two bobs worth. As a newbie, I found Mr Jaq's post to be very informative and quite inspirational. Well done.

Sorry folks but I'm out of the meeting tomorrow night. I hope you all have a great night.

I'm hopeful of getting there. I'm another newbie too.

I greatly appreciate all of the advice. Thanks again.

Thanks Peter, Because I have the $190,000 LOC already in place I was confused by the advice given as it was very different to the advice I was given several years ago. I just thought that I would use a portion of that LOC for deposit on the IP and the Broker would find me a different lender...

Thanks for your reply Shahin, He just said that St George would want to take over my current home mortgage as I was borrowing the whole amount for the IP. No, I didn't pay LMI against my current home. He just told me that he liked the rates at St George and did a lot of business with them.

Hi Aaron, Thanks for your swift reply. I thought that if the same lender had my PPoR and the IP loan then I would be cross collateralised. I've read a few IP books lately but obviously I'm not understanding that issue properly. Is there a simple way of understanding cross collateralising...

Hi all, My wife and I are at the point of obtaining finance to purchase our first IP and hopefully second and third not to far down the track. I am a bit confused by some recent advice I was given and I am interested to get the opinions of more experienced investors or one of the mortgage...

Thanks Jamie and Esh, I appreciate the feedback.

Good Mortgage Broker in Penrith area Hey Robbo, I'm a total newbie and looking to purchase my first IP. I was going to post this exact question but after doing a search of the forum I noticed that you'd already asked it. I don't see any replies so I was wondering if you ended up...

I'm a newbie too and would be keen to attend a Sydney meeting. Around Parramatta would be great but happy to travel anywhere. Cheers.

My pick of the worst areas in Sydney As far as Sydney goes I'd have to say any of the housing commission suburbs in the South West such as Airds, Minto, Macquarie Fields and in the west I'd have to say the satellite suburbs of Mt Druitt such as Bidwill, Tregear, Whalan, Emerton etc. Generally...

What was the result for you? I have developed a hunger for property investment and would love to find a mentor who can point me in the right direction. Can anybody offer any info on Property Investment Groups who meet around the Sydney area? I would love to link up with similar minded people...

Thanks for that Dave. Much appreciated.

Hi all, I have been reading the forum for some time but this is my first post. I'm planning on buying my first IP this year and would like to know the thoughts of others on the Penrith area. Specifically, I am considereing the merits of buying a property in a new area at North Penrith near...