Forum Replies Created
isn’t michael76 one of jarrah’s alter ego’s? and therefore should be ignored.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbanehi Jenny1
if its too noisy 4 nephew to sleep, why not rent something else, in a quieter street?
why go thru this grief when the clear preference is to re-invest in his business (which in fact may well out perform a resi property purchase!)
the resi properties will still be there – lots and lots of ’em, infact, there are suburbs full of ’em!
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker BrisbaneGeoffb
one square metre = 0.1076 Sq’s
so if building is 210sqm it is ..
210 x 0.1076 = 22.596sq’s
and to go backwards is multiply sq’s x 9.2906
i feel the confusion is only due to the closeness in terminology of the modern metric measure – sqm as opposed to the imperial sq’s
hope this helps.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker BrisbaneI hadn’t noticed that.
Seems like a fly in fly out sort of place.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbaneeeeek….i like a challenge..i think, wankbest in nsw for an acreage job – if i dare ask one more question…is it near a big town/city/zoning?
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbanejuststartingout, you may need to name some names ’cause these circumstances are really out of the ballpark…
which bank?
what location?
what sort of property?cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbaneany and all of the above three will be able to give solid Gold advice as well as platinum service.
best wishes to you in your endeavours.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbanewow, lvl 20 – the site is adjacent to the botanic gardens – and as such difficult to see how it could be built out – which is a good thing..i’d imagine the easterly aspect units will be the choice ones, the westerly sun is a bit savage here.
i think it will be a stand out building, whether its a good buy will have to wait to the completion date (4-5yrs away)
Also, growing market for apartment living – a trend i see only increasing – lots of us have no interest in big blocks and weekends whiled away behind a Victor mower!
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbanevision tower, flanked by Mary and Margaret streets, approved to 72 storys, 259m to roof, 283m to spire.
this is 50+ metres higher (to roof) than current talls in the cbd – Riparian and Aurora – its rather big!
Its probably one of the best looking towers planned in Australia – i know thats a big call given the likes of Eureka, Aurora and Q1 – but if it ends up being at least 75% true to the renders it will be a very eye catching building.
I guess the question i have is what do you get for $920k? how many beds – car parks, amenities in the building etc – there are plenty of cbd apartments trading in this price range.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbanefair attempt alex, a couple of areas may need to be clarified.
1. will the seller actually take out a mortgage to fund the buyers deposit, answer is (for me at least) no. the second mortgage is a private mortgage between the seller and the buyer.(no bank will lend on property which is owned by someone else, which will be the case on settlement)
2″…..Does this affect the vendor negatively – no it would not……” i’d tend to disagree, the vendor has not recieved the full purchase price at the time of settlement – i think this is a huge set back and one that most sellers simply won’t consider (whilst ever there is a chance of finding a buyer at market value or near to it).
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbaneyeah nice post chefman, i’ve always said there is nothing like living in a small town…absolutely bl%^#y nothing….
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker BrisbaneOne way glass….any one in brissy who has frequented the Regatta will know what i mean, well, the males of the species will at least.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbaneprobably linked to your deposit and whether or not a val will be done. if you can share these items and the postcode we could offer more detail i think.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbanealso see lawshyster&chysterlaw.com.au
(not certain of spelling) jst jking
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbanewell toddles, a lot of people have been saying for a long time ‘how will the jenman system work in a slow market’ – i have to say that some of the tough jenman selling lines are wearing pretty thin on this little old buyer…..if all the ‘hard on price’ sellars stick with the jenman agents thats fine with me, i won’t touch ’em, plenty of property out there, streets and streets of the stuff.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker BrisbaneOriginally posted by Pepsi:When is it ok to quit your day job to go into Property Investing Full-Time? I only work part-time and I find it hard to find the time I need to put into looking for deals. Yet if I quit my job, I assume the banks won’t lend me as much as it would decrease my income. I feel as though I’m in a catch 22 situation. Any good ideas??
Pepsi
[rolleyesanim]me thinks Pepsi you may try working full time before you consider retiring to live off your investments, unless u inherited rather well that is…(re your catch 22 situation, yep, banks are like that, get over it, remember the golden rule, He who has the gold, makes the rules…!!!)
the good news is ….the sooner you talk to some savvy financial people the better off you will be.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbanejust quickly based on the info you have provided tamtam i suggest it is better if…
i get a 999 Ducati….trade in my Monster and spend the rest of my life perfecting the little known art of peg draggin….
mate, who knows whats best for u with three lines of not much, come on……
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker BrisbanePMSL Todd, the bank will pay for another valuation, your dreamin’ son surely….nah, the client pays for it …..IF…. the bank allows a second val…big ask even to get there. don’t get your hopes up.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbanehi bobby8, you may need to try another lender, alternatively source a broker who will look after your needs.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbanenah, get on a plane and do the hard yards. lots of places look and feel good on paper, some of them are simply trash. your choice and your money.
cheers
brahms
Purveyor of Fine Finances
aka Mortgage Broker Brisbane
