beachesboy replied to the topic Parent Shared Equity Schemes in the forum Finance 17 years, 8 months ago
G’day DaveA,
My wife and I used this type of loan (family equity) to purcahse out current unit with the help from ehr parents. It was really the only way we felt we were going to get in to the very expensive Sydney market. It takes a bit for the parents to get use to but it really is a great way for parents to be able to help their kids out…[Read more]
beachesboy replied to the topic 2 Bdr Unit in Melb???? in the forum Help Needed! 18 years, 1 month ago
Hi Sarah,
Well done saving $10,000, hopefully you have it in building more and more interest in an ING Direct or Bank West online saver account while you are working out what to do – if not they are easy to set up and it’s amazing how the interest keeps ticking over each month at 5-6%.
Do you have any family support or a manager who trust…[Read more]
beachesboy replied to the topic YOUNG PROPERTY INVESTORS club?? in the forum General Property 18 years, 3 months ago
Hi Guys,
I like the sound of a Young Investors Club. I’m 26 and brought my first property in December last year and am now looking for another investment property to purchase over the next 12 months. I invest in the share market also and enjoy investing, talking about business opportunities and thinking up creative investments. I’m aiming to…[Read more]
beachesboy replied to the topic Raising a deposit in the forum Help Needed! 18 years, 3 months ago
Hi richard1984,
Don’t know if this is a possibility for you but what we recently did was used the CommBank Family Equity Home Loan (St. George also offer the Loan) to purchase our beautiful 2 bedroom 2 bathroom unit in Sydney close to the beach…Took a bit of convincing of my partners parents but they agreed after we sat down with them and…[Read more]