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Thanks again, will look into property Brokers today and make a some calls. Another question, would the bank allow her to withdraw $100,000 out of her offset account, which would then leave $100,000. I told her l didn't think the bank would allow her to do that, but she wanted to put it in a...

I was considering splitting up the repayments between my brother and myself, that means it would roughly be $40,000 each we would have to pay each year if all the properties were rented out, more if not. But l am not sure it is a wise investment even for myself. I am 42 years old and even...

That's just the point they don't seem to have any long term plans. My mum is trying to see if she can refinance and what other options are available to her. Unfortunately her properties are cross collateralised. Her only source of income is her rental income. Thanks Sue

Thanks for all your responses it has been a great help. If my parents sold all the properties they would be left with roughly $650,000. Is there a way to take over these properties from my mother without incurring all the property costs associated with sale of the property. Changing names from...

Hi Just am in need for some advice for my parents who are 67 years old and have a $1.8 million dollar debt on 5 properties. The properties are maxed out, so none of them are payed off. My parents are not working, so the rent from the properties are just covering the loan , except that the bank...