I suppose Kodak and Blackberry might have had a similar attitude before they got disrupted. But I digress. After some negotiation, several...
Thanks for the responses and thoughts. I respectfully don't buy the justification that SA property management fees are up to double Sydney's fees...
I reached out to a number of property managing agents in South Australia and nearly all of them have come back with virtually identical fees: -...
Move Bank are offering 3.89% fixed for 3 years for investment: Their website suggests the rate is available with interest only and with a 100%...
The banks definitely see them as "bad debts" that would reduce my serviceability! What's that saying? Kids are the worst financial decision you...
If the property is solely in your name, try to avoid having your wife as a loan applicant. I read an article that explains the importance of loan...
Terry, are you talking in the context of a SMSF? Or an arms length, documented loan between family members? Can you please elaborate?
Yes, I've thought about that but as you know, it's not tax effective to go low LVR. In an ideal world, we'd borrow at 110% LVR! Nearly all my...
My cash savings are kept in an offset account to one of the investment loans. Makes more sense to have it offsetting 3.79% against a loan rather...
Yes, I've spoken to a few brokers and they all tell me I've maxed out my serviceability, largely due to the stricter lending criteria the banks...
I don't have any non-deductible debt. All my debt is "good" (tax deductible) debt. The bank's solution was to either use my cash savings or sell...
I applied for a loan for my next investment property purchase but was knocked back due to serviceability issues. Subsequently, I saw a lender...
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