Tony Xia's Recent Activity
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Tony Xia replied to the thread Adding Stamp Duty to Loan Amount?.
- Purchase $1,000,000 - Stamp duty - $40,000 =1,040,000 Deposit -$200,000 Mortgage - $840,000 (84%LVR) You dont include stamp...
8th May, 2024 at 10:15 PM -
Tony Xia replied to the thread Mortgage broker.
You shouldve converted it to IO when you did the cash out. It still can be done ..but most banks with IO it will reduce repayments...
8th May, 2024 at 5:32 PM -
Tony Xia replied to the thread PPOR and IP financing.
This is more reasonable. Have it as IO for now.
7th May, 2024 at 10:38 PM -
Tony Xia replied to the thread Offset Question.
Yes you can ...have to resubmit an application to get it converted to IO
7th May, 2024 at 10:35 PM -
Tony Xia replied to the thread Benefits of multiple offset accounts.
It allows you to segregate money into different accounts for usage and savings.
6th May, 2024 at 8:35 PM -
Tony Xia replied to the thread Trust/company membership.
Yes possible to remove him ...but he will still be liable for anything adverse... Cause he signed as a guarantor.
6th May, 2024 at 10:19 AM -
Tony Xia replied to the thread Overseas investors into construction loan.
1 - Yes if Exapt 2- a few lenders 3- also depends on Banks..but 80% or below in most cases
6th May, 2024 at 10:18 AM -
Tony Xia replied to the thread Buying property in trust.
On the loan docs...you signed yo be a guarantor. Therefore you'll still be liable if things go south.
6th May, 2024 at 10:16 AM -
Tony Xia replied to the thread Equity release from PPOR to invest in IP.
You borrow the deposits as a new loan split against your current PPOR You get the remainder against your new INV.. No need to cross...
6th May, 2024 at 10:15 AM
