Borrowed money (from an IO loan split) is sitting in an attached offset account. (No contamination :). Thanks to your tips) I was originally...
Hi, I have pulled some equity which I am planning to use towards a deposit plus some renovation on an IP. I know the interest on equity is...
I don't think Rockhampton peaked yet (my personal opinion though). Yes, there was decent growth last couple of years, but if we compare to other...
Is anyone tracking the final sale price of 'offers above' listings in Townsville in the recent past? I recently bought in Perth and lost multiple...
This has exactly been my experience. Let us assume advertised price is offers above $x. If the property is currently tenanted, that rent would be...
Hi all, Any recommendations for a solicitor to give legal advice to Guarantor. Bank (AMP) requires this from the guarantor. I am in Sydney and...
Thanks Terry_w for the quick response. Feel better now. :)
I have a property in QLD that got flooded due to a leakage in December. Tenants broke the lease and vacated. I live in NSW and have been pushing...
Hi all, I have been looking at NSW eplanning portal for minimum lot sizes. For most of the addresses, I see only 1 minimum lot size. However, for...
True. Will find out about appliances usage.
Thanks. Never heard about estimated usage before. Good to know something new.
Fair enough
Thank you. Will keep these in mind.
Hi all, I have a strange request from tenants. They think they have got a huge electricity bill for the last 3 months (~$1050) and believe there...
I feel it is impossible for anyone to predict exactly how things will turn out in 5 years time. Not trying to discourage/confuse you, but let me...
I had similar questions in my mind, as I have also recently started my property journey. After talking to mortgage brokers, buyers agents,...
Sorry, I didn't understand your response. Old loan is also deductible. What I mean is - they used few hundred dollars from new split loan to make...
I have an Interest only loan for IP with CBA and I recently refinanced to pull out equity. I split the new loan (as I want to use it as deposit...
Thanks for the response. Nope he is not a mortgage broker. He mentioned something like 3.69% variable IO investment loan from CBA with offset...
I recently got approved 3.84% IO fixed for 3 years for 180k Investor loan from CBA (this is the fixed part of a total 320k loan at 80% LVR). I...
Separate names with a comma.
