Thank you for those responses. Yes this would be without a bridging loan as we already have a deposit ready to go. We would just require the...
If I'm selling a property and want to buy a new one, would I need to wait until after settlement before I start putting in offers if I'm relying...
Sorry to hijack the thread, I had a related question. If someone had an unencumbered IP, and a PPOR with a mortgage - is there a way to change...
Hi Terry I have a few questions about this, 1) do some banks do this better than others? Any main players? 2) reference your example - instead...
I am in a similar situation and just looking over my settlement statement from our solicitor. 1. there is a portion of the council rates that...
Thanks for sharing that, I will definitely be getting a property manager in if I ever need to relist. So if a tenant misses rent for 1 pay...
My tenant sometimes pays rent a bit less frequently than desired, meaning sometimes payments could be spaced 5 upto 10 days apart instead of 7...
It seems all relative - whether it's considered DR or further borrowing would depend on which reference point was used. If that loan was paid to...
I see, would you define whether or not it's DR based on what the intention is? So in my example if they pay down with the intention to...
If someone had a $400k homeloan, paid it off in one go and redraw $400k for investment - that's just an extremely efficient way to DR? Opposed to...
Thanks for those replies and insight. For some context to my situation, I have a 3x1 property on the gold coast. 1985 build but kitchen and bath...
Oops yea messed up that math. Trying to get at, if the market value is considered when deciding if an increase is excessive, couldn't the...
Let's say if QCAT is deciding if an increase in rent is excessive, is it based on the difference of the proposed rent to the market average based...
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