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I have a feeling I know the answer, but I would really welcome some more expert opinions. If I was to go guarantor for a loan for a family member; would the bank consider this commitment to be the same as any other loan I have when it comes to working out servicability and equity on any...

Hello to all my REI colleagues, Can anyone help with some information with this. I need a 70% lo/no Doc loan for a PPOR. The bank value of the property (house on suburban block) will be say $420,000. We will have about 145k as a deposit and to pay costs. WE have a company with an ABN that...

Any feedback from Brokers or investors with recent experience.... I understand that banks are starting to give their customers the cold shoulder regarding DOING A REDRAW FOR PERSONAL/OTHER INVESTMENT SPENDING. e.g. in 2006 I was approved for a loan that took me up to 67% LVR on a...

Yep thats $320 every six months just to have access to the town water. Plus the $100 odd for the first level water use. That gets paid by the landlord (me). Lets see 320 +320 equals 640 per annum for access and an estimated $200 per annum for the cost of the water itself. That is $840 per...

I just read a thread from Monsoon titled "2009 goals Looking Good" and I am encouraged to see the enthusiasm for RE investment. I too believe in celebrating each rung up the ladder. But why do I rarely see anyone celebrating their goals accomplished in the later years of property investment...

HELP:fellow investors Has anyone here ever leased a block of flats to the govt? I have an offer on my desk that I need to look at over the next couple of days, and I am looking for feedback, info, and/opinions. It isn't so much the lease or the yield I am asking about, as I think I have...

To the brokers or those with knowledge of servicability stuff - For servicability purposes, how is an income stream from a lease viewed?? Is it the same as employed income? If not, what percentage would be viewed as valid as income? I have low employed income but get a lease stream...

I hear that yield are rising on commercial genarally, caused by dropping sale prices. I assume that is because of greater risks of vacancy these days. Can anyone advise what an acceptable yield is these days? Regional, 4 year old building and government tennant on a decent lease.:confused...

Feedback from trusted REAs on current market conditions and outlook. Rolf L posted this on another thread. Doesnt matter whole lot if the bonsu will be extended. With the lenders and insurers sensibly running chicken because of concentration risk, the extra 7 k wont do much to make up...

:confused: I am inclined to wait till after July 1st (or even next year) to look for property. How many other s'softers of a similar opinion? I am a bit surprised by how many somersofters seem to be actively buying in the FHB brackets right now. I hate competing with buyers who are...

Need a few hints on asset protection. Will be buyin a PPOR in which I will have an equity of about $280k. Would it be possible to take out say 70% of that 280k and pay a hefty deposit on an investment with it; and protect that new investment. Would I use a trust for this?:)

Hoping to get some advice from more experienced investors or finance brokers. I have 3 loans totalling about 600k all with adelaide bank. 2 out of the three will be 5 years old very soon. They are interest only and will reset to pincipal and interest if I do nothing. Total of the 2 is about...

Hello all, Some of you may know I am building a speccy. Handover day is Friday 19th and there are a couple things not done yet. (Today is Thursday) small items. However, the bank has gone ahead and paid the builder one day early. I have no doubt the few items left will be done...

It seems that most commentators agree that Oz will experience lower growth now, and higher unemployment. This morning I heard a report on the radio indicating (source -IMF I think) that interest rates may need to RISE, not fall, because of the chance of increased inflation. Building materials...

I didn't know how much a trillion was exactly so i looked it up. It seems like a fair bit of coin!:) From Wikipedia, the free encyclopedia Short scale is the English translation of the French term échelle courte.[1] It refers to a system of numeric names in which every new term greater...

Giddo's Villa Build Just beginning my long planned (long delayed) little villa development, and hope this may be of interest to fellow forumites. I will try to post a progress thread as the build goes on. Should be finished Nov 08. It is a free standing 3 bedroom unit with ensuite and...

The petrol crisis, the energy crisis, the global warming crisis It is doing my 'ead in!:eek: If half of what is being written about petrol price rises is true I will be changing the way I invest. CSIRO today said petrol could get to $8 litre assuming peak oil has now arrived. Within 2...

A tidbit of info that may not mean diddly for your particular area. Not a forecast for the next few months either. It is the low season here. One individual RE office in Toowoomba April 08 24 sales May 08 8 sales June 08 3 sales so far, as at 14th June What...

No stamp duty for FHBs, and I heard also cheaper duty for other OOs. Any of you SS festors got an opinion: How does this compare with other eastern states ? Does it help affordability?:confused: I would think that a saving of say $8000 on a house would make a difference; especially...

;)Hello all, I would like to hear some thoughts on the best way to cope with an inflationary environment.:) I had always thought that hanging onto a hard asset real estate was the way to come out as close to even as possible. I am supposing that cash would be the worst method of hedging...