Lenders use different types of valuations. I think this must be to save money. Full Valuation The full val is the most comprehensive and...
Cross Collateralisation is where more than 1 security is used for one loan. Cross securitisation is another term for it – crossing collateral or...
Hi all, I'm looking to get pre-approval for both borrowing against an existing IP for a deposit, and using that to purchase a new IP. I've read...
Banks shutting the door on borrowers in virus-hit industries According to article ING - not lending to self-employed from tourism, airlines etc...
We're going to progressively see lenders coming out with policy changes around not just the industry of employment (e.g. tourism, hospitality,...
Usually when a person borrows for a home loan they use their own property as security – they give a mortgage to a bank. They would be both...
Hey Team, Recently my partner and I created a new business structure to run the business through. I was previously working under a different...
Loan Tip: Using Cash as Security for a loan It is best not to use cash as deposit for an investment property, especially if you will have a main...
If a person sets up a SMSF, and buys a single property with a loan of ~60-80% LVR (secured against the property): (Rest of the SMSF will be in...
Hi Guys, Do any banks lend money based on assets and not so much income. I started flipping last year. I have just put a property on the market...
So my wife and I are borrowing to build on new land, which has titled and our settlement date is this Monday. I am in a position where my...
I have been thinking recently about my own goals moving forward with property investing, I believe the majority of your success through property...
Hi everyone, Found this forum this morning and have been glued all day, what a great community. I was just wondering if one of the friendly...
Thinking out loud here. A trust can essentially borrow any amount of money for investment and claim the interest as an expense. The secured equity...
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,...
Investors has plenty of time in the last 12 months, things are getting tougher time to prepare for the worst of thing to come and you come out...
Westpac Group, the nation's second largest mortgage lender, is set to axe a range of higher risk mortgage products and prevent existing borrowers...
Hoping someone can help with a specific question. For my first IP, I have set up a loan structure along the lines of Tery's ideal structure...
Open to ideas as I'm a novice in this area about options I could work out with family who want to assist with funds/loan of $$ for a development....
Hi. Hoping someone has some ideas. I saw in this thread that it is possible, but the problem I have is that I am a contractor (on a permanent...
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