I will butt in here ............ coz I have some direct first hand input.
Without Sim spending 100s of throusands in his volunteer $ IT...
better than all of those issues, is the Joint and several liabiity
Im a public kid, both my kidlets went to a private skool
private or public per se I dont think matters that much subject to the actual skool,...
Post 80. The lenders that will do no lmi, won't do io for accountants.
Anz I recall will do Io for medicos on their no lmi policy.
subject to a few rules cba, stg wbc and a few others can be convinced
generally PI though
how many orders of magnitude is that compared to a few 100 ?
my science has left me for the day
Im not a tax guy - seek personal advice
I would suggest............. depending on lender and a few other things
pay down the 2 loans to near...
that all works if
the lender u are with gives you a decent val
the lender u are with hasa decent cash out policy
the lender u are with has a...
where do YOU believe the market is in that part of Sydney right now /
Its it trending up flat or down ?
It really depends............
Logically, for those with 80 % lvr for this and future property and "open ended" servicing that makes sense for...
Welcome to my world, thats a weekly occurrence :) .
It happens more with us I guess, because of the perception that brokers are "free".
The Metropole purchases we ave financed for clients are typically value add dev sites, or reno projects.
Im sure thats not all they do, but...
Bit tongue in cheek ............ but
Many BAs that buy for development potential ( under client instruction) can leave a broker a bit nervous...
Very transparent and valuable
if this is truly your family's primary goal, I am certain that it is achievable.
Might not be simple or obvious right now, but by heading...
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