So many issues here - please speak to one of the excellent brokers here to restructure your lending properly. Whats been suggested is actually...
Welcome to the forum Bill!
If you really want to push the envelope servicing wise, it's actually better for servicing with some lenders. But a bit worse with 'normal' lenders.
No it doesn't change things unless you're close to retirement. If you're still in asset accumulation stage, IO makes sense because you'll be able...
I always suggest IO if you've got a home loan, or are starting out in the property market - there are so many advantages. Increased cashflow...
Welcome! Please keep us posted with your evil lair, I want to see photos when it all comes to fruition.
Hey Joey, there are lots of quality brokers who post here. Have a read, anyone who doesn't know their stuff doesn't last here long. There's also...
Oh they do - I wanted to blow the OP away with the value ;)
I just posted this for you in another thread - have a watch and see if you still need someone. How To Create Your Own Property Strategy
A while ago I made a video that I never released but I thought you might find it helpful so here it is! I saw another post asking about how to...
Here's a strategy for you: Get a good broker to find out your borrowing capacity. Work out how much you can contribute each month from your...
Have you spoken to a broker yet? You'll be able to use projected rental income from both properties for servicing, but the low balances on your...
Have you spoken to a broker about this yet? Who pre-approved you? Is there a reason you're buying the first one on your own without wifey?
Sunny Coast has HEAPS of walks - some death defying and some easy and spectacular. Buderim has some stunning walks and falls, and they're easy...
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