Search results

  1. Y

    Am I crazy to refinance from 6.95% to 9.5% ?

    Hi, I'm currently on a fixed ANZ One Direct loan of 6.95% until 2010. I also have an interest only ANZ One Direct Equity Loan at Std Var rate, which was used for deposit and costs on IP#1. I have the following restrictions, only able to make $10k additional payments on my home loan...
  2. Y

    Refinancing to continually get equity out - is it worth it?

    I'm not sure how to explain my question....I'll try this way... If you purchase investment property after investment property, each time refinancing your portfolio to 80% to pull the equity out aren't you continually increasing the debt on each property, reducing the equity? So for...
  3. Y

    Re-financing - does loan structure stay the same?

    I have a quick question about re-financing if anyone could assist? Here's the scenario - if I have a PPOR Mortgage of $400k, and an Equity Loan for $50k secured by that PPOR (I/O and tax deductible). The PPOR is valued at $650k. Q1) If I were to re-finance that PPOR Mortgage & Equity...
  4. Y

    We rent their PPOR, they rent our PPOR?

    If we rented out our PPOR to friends, and then we rented their PPOR all at market rents and completely above board through a REA - is this legally allowed?, are there any other issues?
  5. Y

    Property Manager - Local to IP or Not?

    Hi all, We're about to settle on our first IP (refurbished apartment). It was purchased through a REA who has a property management side. They are based in another suburb 10km away from the IP. They charge more leasing fees, more management fees and more advertising fees. There is a...
  6. Y

    Security Doors?

    We're in a busy time of our lives...just about to settle on our first IP (more on that soon). We're expecting our second baby on 27th Dec. And my Mother has come out from the UK to trial living in Australia to see if she likes it with a view to a more permanent move. So we've rented her a...
  7. Y

    klearpicture.com.au & other buyers advocates?

    hi everyone, We've been browsing these forums for a while now...about to begin our property investment journey (Melbourne based). With two very young children, we're very time poor and have been looking into the services of a buyers advocacy such as Metropole, Advantage Property etc I...
Back
Top