Hi everyone, I’m wondering if I could get some advice.. My dad has an apartment in QLD supposedly worth $900k and he wants to relocate closer to...
Am borrowing enough to pay his debt and fund his trip to visit family :) Thanks all for your assistance, it really helped me workout a decision.
Diabetes. If he gets a sore on his foot it can get really bad and potentially lead to amputation apparently. He had triple bypass surgery....
If my dad is the guarantor of the loan, does that protect me?
Thanks all for the advice, really appreciate it. He now advises he doens't intend to trade with the capital. Just to use it on paying cc debt...
My 60 yr old dad bought his apartment in QLD outright for about $250k about a year ago. Several months ago he had $30k in his bank account,...
Wonderful advice :D Is it possible to get a split loan where my friend has P&I and I have IO?
Thanks for everyone's input! Originally my friend was going to buy the apartment on her own as a PPOR, but her application was rejected because...
Does't look like we'll go ahead with this. My dad would much rather live somewhere where the population happens to be very low. Thanks for all...
A friend and I are looking to buy an apartment in Melbourne for about 300k together and rent it out. If we don't get in now, we may never do it...
Can someone please suggest a lawyer in Melbourne that could meet with my dad to explore this with?
Hello forumites :) I'm looking to buy with my dad for his PPOR and for my future investment property. We are looking up to $300k for a house...
Hi folks! I used to enjoy reading the somersoft forums back in the day :) Can anyone please suggest how I should approach this situation? My...
Since negative gearing won't apply to existing houses, it will be less affordable to invest in property for people not buying new. Do you think...
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