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]

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]