Search results

I'm not Rolf, either. Thanks for the advice. I'm still looking at options. Another strategy I'm looking into, having run into some serviceability issues, is paying down the debt on a freehold property that I've used to provide 20% equity on two other loan deals. If I put some cash into that...

The one's I've looked at have been in buildings which are essentially strata buildings with an apparent mixture of owner occupied apartments and those under contract to the serviced apartment company. I would imagine that someone like Quest or Sebel would be keen to keep the lease going if...

So what do you think about the strategy of buying one with only a short time (say, 5 years) left on the commercial contract? My thinking is that a well chosen apartment in a great location and nice building will show decent CG once it's released from the contract and becomes available to owner...

I've been looking into buying such an apartment in the Melbourne CBD with no more than about 5 years remaining on the contract so I can live in it if I choose to. Depending on the financier, I've been looking at between 50%-60% LVR. You might get a little better if you shop around, but don't...

Atti, you ain't gonna get 80% LVR on one of these deals. Not even close. Some lenders won't even touch them at all due to the commercial contract in place. That's one of the reasons they sit on the market for so long - folks have trouble getting a loan that really works for them. Due to the...