Well that's what I'd do with the cash. Casual work. For the last 9 months. Pi loan for ppor and I want interest only loans for the investments....
Ok and what are the servacibility criteria for someone who is earning $75,000 a year. Has a partner on centre link benefits of 10k a year. A ppor...
OK cool thanks 80 Cherry Road Trevallyn Tas 7250 - House for Sale #123657690 - realestate.com.au Say hypothetically you bought this property for...
OK cool. Thanks heaps guys. So again face to face broker and accountant or it doesn't matter?
OK wow didn't know that... OK well that helps heaps. And makes this more difficult... But not all lenders?
That's the point though. Even if you factor in the 80% vacancy like i said before. Say you find someone who has to sell and the property comes in...
Why would it be negative in a banks pov? Even factoring in 80% vacancy if your positive from the get go? Sorry I'm just trying to wrap my head...
Other states in general, sorry I assumed you were purchasing in your own state. My plan is to purchase each property in another state so I'll...
Very nice discussion people. I'm loving the input. So here's a question. Hypothetically If I have a property generating a positive cash flow of...
Oh sorry I didn't see the other replies terry. OK this all sounds good. They money has already been gifted and accepted.... So I can't do a thing...
Yes very much so. Well like i said, if I could recommendations for a kissass lawyer, broker, and accountant in the south east suburbs of Melbourne...
Thought of going outside QLD? Hobart has returned an 9.1% gain in the last year. First time since the gfc. This is likely to trickle to the...
Wow wish I lived in Townsville ha ha. We just bought in Vic. Established property with no fhog... We get a 50% reduction though :)
Well exactly. As a start I'd like to replace my income. After that just keep adding. I will be retiring at 45yo regardless of whether I'm making...
One of the investment blogs I can't remember but I put it in my own words I hope ha ha. Yeah I am in an amazing position. I aim for as high as...
Hi msali, I was looking at neutral to positive gearing all the way. I'm not looking to become filthy rich... I just want to retire on what I'm...
An interest free loan would imply I have to pay it back so wouldn't that hinder servacibility? I'm currently earning $75,000 a year so not a high...
Thanks terry, I appreciate it. OK well mummy dearest will not benefit from the gift in any way. So that's covered. So an accountant who...
Why's that? I mean no offense here but Terry, isn't the purpose of a forum to add value? A throw away comment like that doesn't actually help?...
Hi guys, I'm new to the forum and new to investing. Background on me. I used to be a real estate agent and now I'm looking to start investing....
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