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Hi I am looking for a good mortgage broker in Brisbane, preferably on the Northside. Someone who has experience in lending to property investors or is an investor themselves. Thanks in advance for any help.

I have not heard anything from the tax department yet. Spoke to my accountant and she is also a property investor and she has said it is fine as long as you keep clear boundaries and only use borrowed funds for investment expenses. Also found a good post which (address below) gives positive...

I spoke to the taxation department today and they told me that the rental income is mine to do whatever i like with. The borrowing extra money on the investment loan is a little more difficult and someone is going to call me back in the next 24 hours to advise me on that. So I'll just wait and...

I like to use a free suburb report at the rpdata site. http://www.myrp.com.au/showProductDetail.do?reportTypeId=1&propertyId= not sure if that will be a link but it is the address anyway. Goulbourn does look ok but returns are still only around 5%, can acheive similar returns and in my opinion...

I have read corsa's post and it was Fantastic!!!! Still not sure on one area. Is it acceptable to borrow an extra 30,000 on my investment loan for the purpose of paying interest on the investment loan over the next few years. If i understand correctly this is fine as long as the extra...

Thanks for the the help, sounds fantastic. Lets get rid of that home loan.:D

Can someone please confirm my understanding on how rental income can be used. I can have an IP loan in which i borrow surplus funds to cover all expenses. Then i can place the rental income into my home loan to help reduce it quicker. Is this ok????