… dont be wary of lo doc loans… be wary of brokers selling you what they call a low doc loan which could just be a non confrming loan (Bluestone, Pepper, Liberty etc) with a higher interest rate, no structure and most of all give you a high exit fee (up to 2-3%) should you find out you've been fleeced and want to go elsewhere. Which brings me…[Read more]

… after 25 years of doing this one of the lessons you learn is there is no time to sell unless you absolutley have too or your a developer. The current rates are also raising the price of properties in this market. Many of the comments above are also very valid… the cost of exit and taxes and so on v's the futire value of your investment……[Read more]

Hi Getrich… invest 30 minutes in your future its worth doing…. go to Cannex (www.cannex.com.au) and get yourself a copy of the morning star mortgage report… go through the lenders and find the best loan for yourself in the 5 star loans… there are only about 10 of them. For mine I would choose a mortgage manager they will help you grow.…[Read more]

… find yourself a good quality lender, preferably a sound mortgage manager with a 4-5 star Cannex rating on their loan protfolio's. They will give you everything you need… stay away from brokers and banks… unless the bank has a 4-5 star Cannex rating of course… dont get talked into something useless and usually tied into the jargon or…[Read more]

… its advertising lingo and playing games with your head. Terminology is the quickest way to stuff with a borrowers head. Brokers play it all the time and so do the banks…. what is the rate they are quoting under… maybe ASIC needs to talk with this mob about ethical advertising under the ASIC act.I get tired of these w@nkers…

… !!! mortgage brokers, hum… try this bloke… John Ryan (accountant & mortgage manager) Waverley 0416 270196 …

… which planet have you arrived from recently?

… that sounds a bit heavy for a proeprty of that description and the rent sounds like a gtee… yeah its 2 tiered…. run

Hi guys…point one you wont get 97% on the IP loan, I am assuming you think that it will stand alone… 90% Full doc is the maximum.Personally (and professionally) I prefer the LOC its more flexible especially when you have a fully capitlising one. Heres the problem… you wont get a fully capitalising LOC with a bank… you will have to go with…[Read more]

6690… is that good? I saw the standard was 480 or something like that… I like proeprty and use 60-65% of my money and time working on all sorts of property deals and about 20% running my business and the balance in shares and managed funds … had ball in the last week.