I suppose I am trusting that my broker is looking out for me, but according to them, there is nothing I can do.
I know this is crystal ball stuff, but does anybody have an educated view on when they think the market will cool enough so that the strict bank...
I wish there was a better way... The plan is to change the details of the loans, or possibly sell as soon as it makes sense and there has been...
I have an accountant friend and I was going to call him tonight. You seem to know a lot more about this sort of thing (property tax) than he does,...
Thanks to everyone for taking an interest and responding. Unfortuantely they weren't the answers I was hoping for, but expected anyway. Brad
There is actually one property that she will take over from me and my name will stay on that mortgage and title too. I didn't want to mention that...
Didn't want to see the PPOR as I will stay on in there and so will the kids every 2nd week. So will Zoe (my dog inset). I have spoken to my broker...
Hi Rolf, It's a bit of a tangled web but all properties have their own mortgages. i do however use other properties for the deposit on the next....
Hi Paul, I see the cost of $150K to buy her out is a win for me as I belive in fundamentals of property generally and this would mean adding an...
Hi Rolf, no properties are not cross-collaterised. I use the line of credit for ALL IP related expenses.
This is still in progress at the moment. Letter of offer is with my lawyer being drafted up, but it is a mutual agreement we have both come to....
Must be a misunderstanding. I am buying out my partner, this is why I need to refinance to get a new LOC. I will keep this property, and the...
As Terry mentioned title change, but in this case, title and names on mortgage will stay as is and will be covered by a binding financial...
I am concerned that the bank may call in the loans as the security for the other properties would no longer be owned by me if the PPOR was sold. I...
If I own a property with my partner and refinance this property to buy that person out, would the interest on the new line of credit be deemed tax...
I loved Nusa Lembongan. Not as hectic as mainland Bali.
Hi Terry. Is this still current today? I am using an offset account against my PPOR to put my salary etc into, but use a LOC against my IP's,...
I have a number of loans, LOC's etc, and have a 82% LVR averaged across all of them. CBA has just reduced my PPOR variable to 4.1%. I am in the...
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