Then get yourself in front of a finance strategist then – otherwise whilst chasing rate, you might put yourself against a wall in terms of having a finance structure which allows you to borrow MORE.

Consolidating over just for rate isn’t taking into account your long term goals – or prudent long term finance strategy. Are you intending on buying many other properties? If so lender selection needs to be considered a bit more carefully – speak with an investment focussed finance strategist who can look at your scenario holistically, instead of…[Read more]

It had to do something eventually after the slow years. ;)

Buy investments which make strong investments – not based on personal/emotional reasons.

I’m sure you’d agree that you can hire a holiday home locally for far less than any overseas vacations, which distorts the cost/benefit.

Still a *terrible* idea to even suggest cross collateralising Aaron.

The best option without question would be to setup a new split SOLELY against the PPOR to release the deposit funds and then the balance of the purchase finance against the new purchase SOLELY. Any other suggestion is from poor long term thought, ignorance to the downsides or…[Read more]

Wouldn’t be enough to do anything meaningful Property wise – can always build the numbers back up in the SMSF and be able to buy again.

There’s still ways and means to extend your borrowing capacity as much as possible – we wrote a little bit about the APRA changes in this article a few months ago: http://www.precisionfunding.com.au/apra-the-evolving-lending-climate-for-investors-challenges-and-opportunities/

I can’t say I’ve had anyone come through that has had *zero* options…[Read more]

Easy. You can:

*Buy more property
*Don’t buy more, instead pay down debt
*Sell down some properties
*a combination of any of the above

The issue with your question is just the same as a person walking up to you and asking “should I turn left at the intersection, or right?”. You can’t answer the question without knowing where they are wanting to…[Read more]

The only issue with that is <15km to CBD and CF+ don’t match up in Melbourne generally. There certainly is a strong population growth for Melbourne, whether this translates to the same population growth in regional areas where you might find cash flow neutral/positive is another question.

Tread carefully and always make sure you weigh up all the…[Read more]

Any reason why it MUST be in Victoria? If you’re chasing high yield, you can find quite a few properties in Adelaide metro for higher yields than regional Victoria – go figure!

Rental values are generally a product of the supply and demand equation. As a roof over your head is essential, even in times of downturn there isn’t strong enough fall off in demand to create a reduction in rent. As SiteManager has mentioned aboove, of all things a negative outlook can lead to increased rental demand pushing prices UP.

This…[Read more]

Macquarie is up 20 basis points too – watch them all rise.

There is – primarily they’re for self employed applicants however.

For the most part they still have a lot more requirements than the Commercial side, and the spread between full doc and lo doc rates can be substantial, depending on the verification requirements.

This is a great way of looking at all investments – if you wouldn’t buy them now, why continue to hold them?

Assuming you’re in Victoria, you have three days cooling off unless you specifically waived your cooling off rights. Each State has a different cooling off period and terms, ie some return the full deposit, others take 0.25% of the purchase price as a penalty etc.

Once the contracts are signed by both parties – they’re locked in.

I’ve got a property on a bit over 90 day settlement at the moment – and have a few clients with ~ 6 month settlement dates for their projects, it’s not *that* uncommon and can quite effective for both parties.