Thanks Benny,

Yes both good articles. And it is a realistic fear I already had about the lending criteria changing, or in particular changing jobs in the next 6 months or so which would also effect lending options.

Because of this reason we are waiting till the equity has been released and we are in more of a position to put deposit on an…[Read more]

Thanks Steffan,

Appreciate the advice. We are now looking at possibly doing a house and land option. Maximise tax benefits, less time and stress needed in the first 5 years so I can concentrate on working and paying down our PPOR mortgage.

Cheers

Thanks Jamie,

Yes we have opted to source our own property, and have found something that ticks all the boxes.

Now we are just waiting to hear if our current broker can arrange finance, or if we will need to change brokers.

Our current lender does not approve investment loans for land or construction. I little frustrating as we would have liked…[Read more]

Richard, the link to your website doesn’t seem to work. Are you and Jacqui based in Melbourne?

Thank you both for your advice and suggestions Corey & Richard. I see both of you participate a lot so your advice is definitely respected and appreciated.

I have an appointment with a accountant I use for tax (hoping he invests himself) so once I speak to him about the most suitable property type we should look for for our goals/situation ie.…[Read more]

Thanks so much for the invite Jerry..

I wouldn’t call myself an investor yet. I am still in the infant stage of learning as much as I can.

How do you get info of when and where these meets are?

Thanks guys. Will keep doing my research through the people of the forum then. Would be great if there were more events like Steves around tho ey

Any type of investing is fine too… I have an open mind and willing to learn from anyone who’s has actually done it.

I haven’t done it so can’t speak from experience but from what I understand from the seminars and speaking to people is that it covers everything to do with property investing and teachers you all usable information on how to make those decisions you are unsure about. Also it’s not just a matter of be given reading material and off you go you also…[Read more]

Hi mate,
if I had your cashflow, age and drive I would honestly sign up for Steves property apprentiship and learn from the professionals…just attended the millionaire mega conference and the things I learnt just in 3 days opened my eyes to how much there is to learn to be able to invest professionally not speculatively and how easy it would be…[Read more]

Hi Benny,

Thanks for getting involved. i left out specifics only for the reason that i am learning that i am a fair way off being able to invest, and like you said there are other things i need to focus on at the moment. (some being setting in place actions to correct stupid financial decisions in the past)

Without specifics i thought i would…[Read more]

Any insight into anyone one else’s opinion is always helpful in one way or another… So thank you

A few others opinions are that generally should have at least 20% of investment purchase price in cash. The rest pay down your own Morgage to allow more equity in your own home should you need to use that

Thanks Corey,

Once I am in a better position I will be sure to get in contact.

Do you just give financial advice, or also tax type advice or Morgage brokering??

Cheers guys,

I checked and basically what they have done is Worked out what my repayments where over a year and divided that figure into 52 weeks so still pay the exact same amount over the year.

I wish I could have an offset account, how ever until the fixed rate of my IO portion of my loan is under 12 months remaining I can’t have an offset…[Read more]

Hi Corey,

Thanks for great posts like this one, I follow a lot of your post and take your advice on board.

I am currently in this situation of trying to find the best way to get myself in a position to invest.

I have spoke to my Morgage broker about what to do (however he is no longer Morgage brokering and has but someone else in his place,…[Read more]