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Hi,
I think it is an internal thing, we have used many different lenders and we currently have five of our properties with a NAB branch on the Gold Coast and they are pretty good. We just ring them direct and they sort out any issue – so we are fortunate, we don't deal with Sydney or Melbourne. Just some quick news – NAB dropped their rate !!!! pretty happy about that.
Hi,
You might also want to check out the relevent tenancy laws in your state regarding renting out your ppor and having it on the market at the same time. I know in QLD if you want to rent a property out that is up for sale, you must disclose to the prospective tenants that it is up for sale, which can put tenants off – they dont want to rent a property that could be sold underneath them.
But if you take off the sale market and just rent it – then you have to wait 2 months into the tenancy before you can put it back up for sale. Like I said that is in QLD – so it would be best to check. – Good luck and enjoy the ride of investingHi,
I am pretty sure this guy did some JV's, which makes a difference.
And it is true, I have been a subscriber to API for over 5 years and some of the stories are a bit stretched, especially when it comes to the approx vals of the properties, bit of overstating there I think
