Appreciate that I will probably need actual tax advice, however wondering if anyone can shed some light on renting to a family member for below...
Hi As the topic states, I'm looking for a good broker in Adelaide. Who's out there that you would recommend?
Speed is not the only requirement, but the frustration of 6 weeks+ for a simple draw down on equity is what's driving me to look for another lender.
Whoops! Less than 80% LVR IP is just under, and PPR is ~50% No LMI on either.
I'm currently with Suncorp for our PPOR and IP. Both are > 80% LVR. PI @ 2.6%. Just in the process of drawing down some equity for improvement on...
Thanks for the quick reply Terry. That is good news on both.
Two quick queries re. using excess loan funds from settlement of an IP: Could those be used for other investment purposes than the IP? Eg shares...
Thanks - have checked under that new tool and it shows the minimum lot size is 800m2. The land is just under 950m2.
The Council Development Plan has strict minimum allotment sizes, even under the new Act (or so it appears).
Looking at a parcel of land, near Adelaide CBD, that can't be subdivided. If I was to purchase, what would be my options for developing for 2-3...
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