Legal Tip 440: Demolition of a House that is Mortgaged Where someone borrows money that is secured by a mortgage over land, they will usually be...
An article has appeared in the news about 1/4 of properties being purchased with cash - which means without loans. The author bases this on the...
I think I know the answer to this, but just to be sure... I have a LOC that has not been drawn. 1). Could I use that LOC as a source to pay P&I...
Although it seems pretty straightforward and all loan related websites says you can use equity as a deposit, a broker I'm speaking to says that I...
Hi I’m new to forum, I have an IP I have had for around 6 years I pay principal and interest and not just interest only. Have a I made a mistake...
We are building two new townhouses and are subdividing them. Currently we have the old loan that was used to purchase the original property (and...
Hi all, Been battling trying to get a loan at the moment, my borrowing power keeps dropping down month by month, was able to borrow 1.84 3 months...
Loan Tip: Can you Borrow Against Someone Else’s Property? Generally speaking (or writing in this case), to be able to borrow money you will need...
So a few years ago I bought two investment properties with an investment loan I got against my PPOR. The investment houses have since increased in...
I’m currently renting, and have two IP’s IP 1: value: 800k (600k loan & 600k in offset). - IO loan, Rate 6.5% IP 2: value: 800k (360k loan & 70k...
Hi all - another first home buyer query! is it worth getting a lower interest rate with a higher LVR for a property I will live in in the...
Just wondering how existing debt from a joint investment loan with my wife is counted when assessing my borrowing capacity. Is it all counted or...
I have a question around bridging finance when you have no serviceability. Situation is this: I have a PPOR, value $750k with a mortgage of...
There used to be a story about Japanese housing loans being debts that span 3 generations – which I don’t think was ever true. But could it happen...
Say I bought a site, subdivided it and Put two houses on it side by side. Profited $200k, how can I use that profit as income, so I can service...
has anyone done the below: let assume two new loans for IPs, one for 250k (IP1) and one for 600k (IP2). instead of going P&I on both, is it better...
Resimac has announced they are reducing their assessment rate from 3% to 2% on all of their loan products, other lenders may soon follow suit.
Hi I have over 5 million in loans and was wondering what the best rate out there is for either P&I or IO. Don’t mind the LVR can be as low as...
Hi all, Just after a bit of advice, as changing circumstances won't affect my ability to service a loan, but might affect my servicability in the...
Hi there Brains Trust, Bit of an interesting one that I'm racking my brains on. Thinking of selling an apartment that we have that is an IP....
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