Alex Morgan replied to the topic Best Structure?? in the forum Finance 14 years, 11 months ago
Thanx again terry,
looks like the parents are best to go guarantors or money lenders then. Might be better to identify what to do by looking at the following deal!
4 bedroom 2 bathroom on 650m2 block with side driveway asking 275k to 300k..
Loan repayments between 400 to 450 per week.
Rent per room to uni students for 130 a week ( 520 for…[Read more]Alex Morgan replied to the topic Best Structure?? in the forum Finance 14 years, 11 months ago
Thanx Terry!
I earn appox 57K and My partner works PT and earns about 35K but lives at home and has a better savings record than me as she saves about 75% of it. Thinking of me living in one room and renting out the other rooms to uni students. Would I/we be entiled to the FHBG if we go halves with parents or should the parents go as guarantors??…[Read more]