Just refinanced and scored an equity draw, CBA would only do p+i, I didn't realise the principal component still needs to be serviced even when...
as per title, Banks often ask what equity loans will be used for. In general, what purposes have you found that banks like and what ones lead to...
Greetings, I have a quick query in what is the process (time wise and any other things to take into account) in erring my 1st IP. Currently have...
Hi guys, First time poster here asking for some advice. I am a 25 year old medical student/soon to be physician with not much at all of a...
What happens if I want to sell my PPOR but I have equity from it tied up elsewhere? Rough figures: Worth 600k. Owe 300k. Equity split set up of...
Found this to be a pretty spot on piece by @Jennifer Duke on how investors build a portfolio quickly, also touching on the flipside of costs which...
Hello, I currently have four IP's, each securing one loan (all I/O). I'm going to be moving into one of them in the near future. I need to...
Just a really simple question for the brokers. If I pay down loan on IP1 with lender A and have a 50k equity split to purchase IP2 with lender B...
Hello, Apologies if this has been asked before. I did a quick search but couldn't seem to find what I was looking for. I would like to know...
OK not sure how it's usually calculated - If I don't want to pay LMI on a property but only have 10% deposit. How is the amount of equity needed...
My PPOR was last valued 3 years ago when I took out loans to buy two IPs. The banks did these valuations. Everyone harps on about buying again...
Since we are going to access equity from PPOR, we wanted to consider refinance with another lender if suits. Current lender CBA. Broker said as...
We intend to make our PPOR an IP eventually and hence are paying IO on it. We got a bank valuation done and have approx. $200k equity in this...
Hi everyone, Thanks to this forum and the advice of all forumites I have managed to build up a portfolio of a few properties in the last 5 years...
We recently bought a new PPOR and kept our previous home as an IP. We are stuck in a fixed loan with the IP until September this year when we can...
Hi all, First time poster here and a newbie trying to build my knowledge on property investment and how I can apply it to my current scenario....
If your servicing is strong and you could take more equity out than you need, and still keep LVRs at slightly below 80% is it a good idea to take...
Hi, I have a PPOR which was refinanced recently to an interest only loan. The loan is for 640k, of which 140k is equity. The 140k is sitting in...
I have a couple of general questions about home loan and lenders. 1) I have heard that with LVR of 88% it's difficult to pull equity in future...
Hi Everyone We bought our first investment property last year in West Footscray for $690k, did a cheap renovation and it has been revalued at...
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