Forum Replies Created

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of AlphaAlpha
    Participant
    @alpha
    Join Date: 2009
    Post Count: 4
    February 15, 2010 - 11:40 pm

    Thanks for the reply Richard. Always appreciate your knowledgeable comments. 

    Just to expand a bit further, I also have enough cash in my savings acoount to fund the 20% deposit on both properties so i don't need to use the LOC to fund the deposit. However, my plan was to use the LOC to fund the full purchase or the 20% deposit and then dump my cash in the linked offset account to my LOC.

    As for my parents equity, they will not require the use of it as they are in the retirement stage, have no debt  and have more than enough assets to tide them through so that is not a concern. Anyway, I guess I have some flexibility so I'll send you an email to see what options I can consider.

    Cheers

    Profile photo of AlphaAlpha
    Participant
    @alpha
    Join Date: 2009
    Post Count: 4
    March 29, 2009 - 7:35 am

    Hi Guys,

    Thanks for the replies. Richard, since Terry is no longer taking any clients, I was hoping to contact you but noticed you have a Queensland number. Would this be a problem having a MB in a different state to where I am looking to purchase property?

    Thanks. 

Viewing 2 posts - 1 through 2 (of 2 total)