Not at this stage.
Thanks for your input, we have had a special clause included stating that the price will not increase whats so ever, we may have to look to legal...
Hi, We have just been caught up in a scenario, where a fixed building contract was signed last February 2021. The build is for a development and...
Hi all, I have been a client of Caifu Property, they are very professional and extremely knowledgeable. I have been in contact with Drew Evans on...
@Shahin_Afarin ING, pretty sure that's what she did and the reason given was they are not doing any equity release on any investor loans..
Yes I wasn't really sure what she meant, she seemed to be implying that I just take the surplus funds from settlement ? Just seems a bit messy...
For my next IP purchase I want to borrow 100% of the purchase property prices ie 80% from the new IP and 20% through equity release of existing...
Just threw me off because we just built a granny flat so I have some equity that I was going to tap into and it was just a blanket not doing any...
So peeved, I organised a property bank valuation on my IP so that I can finance to purchase another IP and the bank let us do the evaluation and...
Thanks Sean, I should of been more clear. I'm referring more in regards to the actual loan, is the interest on the loan on the IP tax deductible...
If you purchase an investment property that needs work is it classified as an investment from the beginning or is it only from when the property...
This has probably been asked before but just to confirm if you borrow money to pay for stamp duty on an investment property is that loan...
Why's that @Perthguy
Thanks Cliff, I am just reading up about LOC now and the following particular paragraph concerned me.. "It's important to note, however, that...
Thanks everyone I'm clearly on the learning curve !!
Thanks @Peter_Tersteeg so I can start claiming deductions on the GF loan as soon as I start using the funds, regardless if the GF is not yet...
Right, so I am assuming that this is as simple as calculating the interest amount on the loan from when the granny flat is complete and rented out.
Thanks guys, awesome guidance and explanation. Further to my original question, if I got say Loan 2 against PPoR to finance a granny flat on an...
Thanks @Redom If you borrow 20% against your PPoR then doesn't that mean that that 20% is not tax deductible? @Jamie Moore If you borrow 100%...
Hey, someone mentioned the above to me recently and I didn't even think it was possible.. In short, what is better: #1 Borrowing 80% against a...
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