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Sure am , born 11th May 1987 , turn 19 in May

I understand what your saying , if it did fall through my dad would be able to meet the finances .

Yeh Geoffw , your abosolutly right , this technique just came up when I was doing some of the calculations involved for a property that came up the other day. I only did the calculations because I enjoy working it out and its good practice. I dont intend on buying for a few years and I want to...

Yes that can be done , actually the Government encourages people to take their super out as a pension allowing you to have acess to 1.1 million before our taxed heavily . This is because they know that the more you take out the more likely you are to blow it and go back on the welfare pension...

I know one loophole in the super industry that I might be able to take advantage of . My dad is 55 and this is the retirment age for someone born before 1960. If my dad quits his current job and says he is retired he has acess to his preserved money and could withdrawl everything if he...

I know any arrangment with family is something which could work out bad , but my dad is unlikely to rip me off , I am only young and he wants the best for me and he has never put himself ahead of me in terms of anything financial. Often if i have owned him money he has discounted some of the...

With the intial ammount funded by my dad , half of it $22,500 could be finance by himself and the $22,500 by his super fund. Of which the $22,500 funded by my dad could be used as the amount for the deposit effectively not using the DIY for gearing.

By the way Im not too sure on the super rules for DIY investing I once had though you couldnt use DIY funds to secure a loan for an IP and I still have to clarify what is meant when it is said part ownership in a property.

I was analyzing my sittuation and looking at a few options and I came up with a pretty good idea. To start off I am 18 years old I am a new property investor , At the moment I can save around $15 k - $20 k a year but dont have much saved up at the moment I need to save money for a deposit...