Search results

Hi Rolf, I spoke with my lender this morning and he crunched some numbers for me based on varying purchase price/rental appraisals from 300k/300p.w right through to 600k/600p.w and they will lend quite a bit more than originally advised (490k for 400k/400p.w and 590k for 600k/600p.w). I...

Thanks for the comments Rolf. I might run some figures past my lender and see how much difference converting my loans to IO makes re: how much I can borrow. Cheers, Dave

Hi Tess, Do you have any other properties or just the two mentioned in your post? The reason I ask is if you've just got those two then if you owe 720k on your IP plus if you needed 260k + offset money to fund 20% of your PPOR then that must have cost at least 1.4M, if not more, leaving you...

Hi Rolf, I spoke to my lender's financial planner a year ago and in short was told to do whatever I like provided I keep a suitable contingency based on the size of the portfolio I end up with. In the end the guy was more interested in trying to sell me life insurance than actually recommend...

Hi All, Mine and my wife's investment strategy to date has focused on long term hold in order to both help fund our retirement and to put something in place in case we need to help out our children one day. I'm 32 , my wife is 33 and our son is 3 so we don't need a quick return to achieve...