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  1. C

    Working out finance for first IP

    I definatly see the wisdom in going broker route. I just want to be sure that what my broker is offering me is the best advice. What kind of questions should I be asking? What should I be looking at when comparing loans? I know I want it to be IO with an offset but what other features...
  2. C

    Working out finance for first IP

    I earn approx 35k after tax. I have a car loan $178.82fn min repayment (Putting in $254fn). The car is used for work so is deductable. I have $25k in savings and am aiming to have that up to $30k by the end of the year. I have no other property or assets/liabilities. If any other info would...
  3. C

    Working out finance for first IP

    Hi all, I am looking to buy my first IP in the near future. I am currently looking at my finance options. I've been in contact with a broker and they have been doing some research for me. I am looking at getting an IO loan with an offset account. My broker has told me that the lenders she...
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