Search results

One thing the effortless empire book omitted, which I picked up in a brief flick through the "0-350 properties in 3.5 years" book, if any of you have read, was the use of entity structure. Just curious from a general pov what most brokers would advise. Having signed my offer and acceptance...

"In this situation, we'd put you on IO payments, and anything extra you wanted to contribute would go into your offset account. This reduces interest payments the same as extra principal repayments would, except they aren't in the loan which makes them more easily accessible and gives more...

@Redom 1. Understood. i Guess SS feedback is the only social peer feedback i have in finding a great broker - generally don't have any family or friends to source recommendations from so it would make finding a good broker harder via cold calling or google searching, unless I knew exactly...

Would a good broker touch upon side issues such as income protection (for those without one already) given you are dealing with the financing and repayment side already? I've also been reading the "effortless empire" free book I got from Chris Gray at one of the trading and investing expos a...

Thanks Jess, I'll have a read tonight. :) @Peter: WIth your suncorp example, is the issue with accessing equity refinancing due to their reluctance to redraw equity and issue out further loans on a property? And hence why you have to pay extensive fees to refinance with another external...

Also, is it etiquette wise fully acceptable for one to shop around when first trying to engage a quality broker? DO you all get frustrated or generally accept that sunk cost in providing tailored meetings and advice/strategy, may not always convert to a client? Just wanted to go about the...

Albanga, thanks for your input. Are non-fixed price building contracts common place or available? Provisional sums are largely only site works related from what I see? Your analogy is completely correct. I wanted to focus indeed on someone who can add not their 10 cents, but their $10 worth...

Hi all, Just wanted advice on the financing process and its interaction with buying and building on my first block of land. Paid the deposit and have until mid June to obtain approval for financing. DOes this mean one needs to have drafted building design plans prior to seeking finance...