Don't know if anyone will even read this, post has been dead for awhile and I lost interest a fair while ago, just for the record I have been advised by a financial planner to dump the property I have purchased through premium take a 50k + loss sell my other home in cairns and start again, the property has not worked for me at all I paid way to much for it , the the property doesn,t work for you unless you get the return weekly through a tax variation, due to interest rate fluctuations during the GFC this resulted in me having to pay quite a large ammount back to the tax dept, basically we borred the max used all the equity in the other property and it didn't take long for the dominoes to fall, my fault I know but thats how they make thier money out of naive people like myself, in summary do the research and do it yourself you don't need them to find a property or organise finance, the interest rate they got me was no different to the one I got for myself, the house was never supposed to be tied up with my own property and it was, I think the only thing they had with the people that gave me a loan was perhaps that it probably wouldn't have stacked up with most banks, the one they used ABF is now out of buisness and the loan was taken over by ING. Out of 10 I give them 0.

agree v8ghia,
it is pretty sad it takes days to have phone calls returned and even emails, you'd think they would all have a computer at home.
Just a word on the seminar thing as well, with this mob its not actually a seminar they get a half a dozen couples up for the weekend but the whole thing is done in one day, roughly 7:30am salesman picks you up from motel, then taken and interviewed by customer relations person and he tells you how you can do all the investing how it works and you ask questions, the finance person goes through all your stuff, comes out and says how much you can borrow to invest, you are then taken by the salesman again to the house where-ever that fits in with your investment bracket, on the way back you are taken to see a soliciter papers put in front of you and you sign up, with your normal cooling off period etc. taken back to the office for some more signing and reassurance and then dropped off again, at no time do you meet with other couples, allthough you could see them being lead around as well. it was all done by about 3pm in my case. As I said I'll keep you posted either way, if it's a good thing people should find out, if it turns bad as far as I'm concerned everyone will know, I worked hard for my money and want to retire in about 12 years when I'm 60.
Cheers
Bluedog

Hi Spicy,
I am just finding out there are a lot more hidden costs that seem to crop up, I have a question for them if I can get them to ring me back about some commissions that appear to have been paid, I will comment as soon as I get an answer, and to tell you the truth I was actually mucked around right from the start, I put it all down to good players out of luck so to speak, but it seems to be continuing, for the service provided of putting everthing together I thought their cost reasonable, but adding my ammount borrowed for the price of the house fees etc, there's quite a large ammount I need to find out about. I could go on but for how transparent and seamless it was all supposed to be, it is really quite stressful, infact this is how I found this forum my wife got me to look up and see if any-one else was having problems and I found this. Maybe its just me, but even to the point of I rang the bank to find out how much would be coming out at the end of the month, only to find out that it was scheduled to come from my credit card account, she said there is a lot of that sort of thing with them. The principle is great I'm just not enjoying it.
Cheers
Bluedog