$95k equity is not free money. It's new BORROWED money with Bob's say ppor as the security. It should be added back to the final loan amount....
How to remove wallpapers mainly depends on the type of the wallpapers and the glue used. Yours doesn't look hard to remove. (Fingers crossed)...
Thanks, @D.T. Recalculation for the new date was what I expected. But according to @Terry_w 's reply, recalculation doesn't always take place....
I see. Thanks a lot, @Terry_w
Dear all.... Just wondering what should have been done with the adjustments if the settlement was delayed. Scenario : Property was to be...
I used to let one of the bedrooms to a tenant. I did all the house keeping, including indoors & outdoors. It wasn't the agreement between us. I...
I had BPI around two months ago. Very happy with their service. No problem with the communication or anything else. Received the report on the...
Thanks a lot, @Terry_w and @dabbler . I am happy to get some yes yes. All clear now. :) Now I looked back my questions, q5 was really stupid....
Q5 A $300k new loan with offset against the IP will be created to settle the property. I presume it will look like this : IP loan : minus $300K...
Q4 If the house is on the market on 1 June, but unfortunately, I can't get any rental income before 30 June, is the interest in the loan account...
Suppose now $159K is in loan account, offset only has $1000 Q2 : After settlement, I'll use the money in loan account to fix lots of things...
Hi, everyone, Just signed the contract for my first IP. A lot of worries in my mind. Hope I can get some help here. Thanks in advance. My...
B&P is scheduled tomorrow. Hopefully the report comes back alright.
Thanks a lot. :)
Hi, Could anyone please recommend good building and/or pest inspectors in Adelaide North East area? Many thanks.
Hi, guys, Thank you very much for all the priceless tactics, experiences.....and advices. Hammering them into my head. The property is already...
Thanks a lot, Nick. I'll pass. First time investor. Very nervous and can't risk too much. Thanks.
:(:( Hi. propertunity, thanks a lot for your reply. Sorry I don't know how to quote some parts of your input separately. Do you mean the...
Hi, guys... I am interested in a house after the open inspection. However, no water or electricity in the house due to long time vacancy. How...
Thanks a lot, guys. That house is around 50 years old. Won't consider it after reading all the replies here. Just for curiosity, I contacted...
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