Senior mortgage brokers: I understand that for asset protection, we can normally use one of these structures to hold properties: 1. Company with...
Hi guys I purchased a ppor late last year for 480k in an area that has seen a bit of growth in the past 12 months (valued at 550k now) and was...
Hi all, I am currently assessing my property portfolio and identified a couple of likely non performing properties in terms future prospects with...
Hi I recently asked Macquarie about how much I could borrow for an IP and was a bit disappointed. I'm planning to buy a house in SEQ for around...
Hi PC, Recently finished renovations on PPOR and have $400k+ of equity (value $1.2m). I was now hoping to get into my next project to build a...
I don’t like Line of Credit (LOC) products! Here is why a) Generally, they are at call Unlike a term loan, a loan with a 30 or 25 year term,...
Sometimes I get asked how a brand new company or trust borrow money with no income. Companies are limited liability entities so as a general rule...
Hi all Am just wondering what is the implications of serviceability in the situation below. I have read Terry "do not have a 99/1 structure" due...
Not a lot of media coverage, but seems ASIC is not pursuing a High Court appeal having lost its case twice.. ASIC to review responsible lending...
Hi all, If a permanent full-time role (pre-COVID) has been reduced to a permanent part-time role (with hours being reduced to match the amount of...
Hi, We hold 3 properties with same lender Westpac, and want to sell one of these - an investment property. There is ample equity in the 2...
A-REIT statement shows consistent monthly income distributions. I am wondering if the lender count this in serviceability calculation.
Hi everyone Newbie here so please be patient while I try to understand the concepts of property investing. I have a question to ask regarding how...
Many investors have a lot of IP equity but poor cash flow/serviceability to add more IP into the portfolio. What do you think about using IP...
Hi everyone, I'm keen to understand which bank has the best serviceability calculations when it comes to investment income (e.g. dividends) for...
Hi, I have set up a projection that projects future cashflows allowing for income, expenses, and the net cashflows from properties, as well as...
We had a situation a while back where a bank discovered that a borrower was employed by a company owned by her brother. They did some...
Let's say I have Home loan of $500k and same amount of cash in offset account effectively paying $0 interest. I also have $400k investment...
Have been doing a bit of brainstorming (also reading a few american BiggerPockets books) and wanted to put forward the following scenario in the...
Hello great people, Is it true that lenders when assessing take only 30% of annual gross wages and 80% of total rental on an investment property...
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