Hi allDo people see accountant for advice on how to invest in property? I just thought they are use at end of year with their tax return or to keep their finances in order. I have Jamie M as my Mortgage broker. He's been great, promptly replies to all my queries and very helpful. Definitely recommend him to anyone, especially those like myself…[Read more]

Thanks, I think I like the face to face dealing. More personal, especially when this my first.
I contacted a melbourne mortgage broker that someone recommended from a previous
post I was reading, Michelle Coleman. She seem very helpful.
How many times would I need to meet up with my mortgage broker? I live in footscray and it quite far…[Read more]

Thanks for your helpful advice. I know now its definitely wise and best to get a mortgage broker assistance.
As a inexperience first home buyer there’s of options and hidden costs associated with
mortgage that a broker can explain and answer questions you may have.
I’m guessing Jamie a mortgage broker? But isn’t he from NSW. I’m from Melbourne.

Is it best to get mortgage broker to get home loan?
What if you know exactly what your after. Or they advise
the same lender that you know is the best/ suitable deal already?
What other services they provide other than getting/ applying the home
loan on your behalf?

Anh

Would I have equity in the house if I’m only making interest only repayments? Is the there a limit of how much money
You can take out from offset account or the maximum withdrawal in one go?
If I plan (likely) to invest in another ip I would just use the deposit from my offset account.
Unless you mean the increase in value from my property over…[Read more]

Firstly, thanks for your speedy comment and advice. Much appreciated.
I do know I will have to have to live there inorder to get fhog. There two options I was looking into.
First option I describe on my previous post.
Second options is
Get home loan with as little deposit as I can, whether it’s 90-95%
400000 house pay 40000 deposit
loan would be…[Read more]

hibluegrass im from melbournenever thought i would be considering buying a house if you had ask me this time last year. in debt with a girlfriend ; i wonder whyhowever things turned bad, put myself together and worked my ass off. i mean doing like 11- 13 hours days. thank goodness for overtime and extra work. paid all off except car loan originall…[Read more]