Search results

Yeah I'll bring this up with him

my mb is meeting with me tomorrow at lunch time to sign the application forms. I have a number of questions for him. What I want to know is: When I have signed the forms does that mean I can go out straight away and be able to put an offer down on a property if I find a good deal. Or do I...

I would love to hear your story. Please :) How did you start?

What about the negative cash flow though? Would you still think it worthwhile to buy a 1 bed unit in Perth with a negative cash flow of $70 a week. How about I buy a $200 K property in Perth and instead of $70 a week negative cashflow, I put in $20 K of my own cash to make it more cashflow...

I have thought about taking on a 2nd job but it is just not worth it for me health wise! One full time job is plenty for me. I need time for my fitness/sport/socializing/family. I need to keep balanced and healthy. Physical and Mental health is important. Good news is I have had a promotion...

i've been thinking it over for the past few days and I think i will wait for 1 more year. Hopefully then I can get a larger loan. I'd be happy to get a $250 k loan. I should have around $45 K saved too.

yeah i'll talk to mb see if he talked to the other banks.

Yeah I think a reno would be a good idea. I just worked out that i would be ncf by $75 a week if I bought a $220 K ip. The rent would be around $200. I'd need to confirm these figures with mb though. If I were able to buy a property for around $190 K or $200 K then the cashflow would...

Yeah thats what I have been considering. I can save around the $12 K mark pa but if property prices increase in Perth in the next 12 months by more than that then i'd be better off to buy now, wouldn't I. Perth people what do you think will happen in the next 12 months? Do you think values...

I am dissapointed. Just got off the phone with mb and he's saying that ANZ will only loan me $220 K. This is because my income is too low. I'm on $50 K pa. I thought I would be able to get a larger loan (around $280 K) and was looking to buy a 2 bed villa. He suggested waiting till I'm on a...