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Richard Taylor replied to the topic How bad if PPOR and first IP are with the same bank? in the forum Finance 8 years, 10 months ago

Jonathan Yes by doing what you suggest you are cross collateralising the securities.

Only way is to avoid this is to establish 3 separate loans.

Cheers

Yours in Finance
0-40 Properties in a decade. Ask me how.

Pete replied to the topic Real Wealth Australia in the forum Heads Up! 8 years, 10 months ago

Cynthia a couple of books I found a worthwhile read are “Borrowing to Invest” by Noel Whittaker, Steve McKnight’s 0-130 properties book and Gavin McPhersons “Value Investing in Property”. The first two books I read about 10 years ago when I was just starting out, so can’t say how relevant they are today. Noel Whittaker’s book compares borrowing…[Read more]

Richard Taylor replied to the topic Buying 1st investment property – Is buyers agent recommended!! in the forum Help Needed! 8 years, 10 months ago

Hi Sydneyguy

I believe my partner Jacqui has forwarded to you details about our buyers agents services and our PDF flyer on how to turbo charge your portfolio.

I am sure you have read my API article on how I built my property empire in the 90’s and early 2000’s but very similar to the way you want to start.

Cheers

Yours in Finance
0-40…[Read more]