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  1. J

    "No Valuation will be required." Does this mean...?

    Ask your mobile banker how many investment properties they have. If the number is less than, say 4, why are you taking advice from someone who hasn't yet done what you want to do? or do you only ever want 1 investment property? If that is all you want, knock yourself out with CBA. If you want to...
  2. J

    "No Valuation will be required." Does this mean...?

    "you don't know what you don't know" These words changed my whole perspective on investing. If I had known at the start what I know now, we would have so many more properties AND not be tied in knots by our lender. If we had got it right at the start it would have been much better. Imagine...
  3. J

    "No Valuation will be required." Does this mean...?

    If you simply must cross-coll, have you considered keeping your PPOR loan at 200k and your investment loan for the full amount including all costs? By putting some of the costs in your PPOR loan you are making your accounting very difficult especially if you are paying off your PPOR loan...
  4. J

    "No Valuation will be required." Does this mean...?

    FYI when you sell the money goes to the bank first and they decide how much of it you can have. This actually happened to us. we had a few houses tied together and sold one with a significant profit after reno and growth. The bank automatically applied the excess funds after settlement to our...
  5. J

    "No Valuation will be required." Does this mean...?

    I don't want to sound mean but you don't seem to be ready to buy an investment yet. Between this and your other thread I am terrified for you as you seem to be lacking in what I would consider basic investing knowlege. I can't stress enough that you need to speak to a broker. The CBA mobile...
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