Yes, there’s lending for citizens, permanent residents, non residents and never stepped in Australia. :)

Different lenders for different scenarios – but this is something we’re seeing increasingly.

99% of the trust deals we finance have a corporate trustee. Additional protection for minimal extra cost. In some instances it’s much more preferable to have a corporate trustee otherwise lenders will not lend to you or a limited number will, ie in SMSF setups.

Generally you’ll do better in Adelaide net yield-wise buying an outer suburb freestanding house over an inner suburb unit, so it depends on what you’re trying to achieve. I’d personally avoid any apartments/multi level units and stick to small groups of 3-4 units if you do want to go down that path, as these give you more potential to renovate and appeal to the owner occupier market compared apartments.

I’d suggest having chat with DT Wayne – he’s an active investor in Adelaide with quite a significant investment portfolio here, I’m sure you could glean some valuable nuggets of info from him.

There’s an Adelaide investor meetup this month too that might interest you – we all generally just catch up for some drinks and dinner and talk about whatever – Seven Stars Hotel, 6pm 23rd of March.

As you’re accessing equity from the same property, it’ll need to be with the same lender.

Theres better options in my opinion than Suncorp for building a portfolio. If you want to get particularly fancy, you can setup a debt recyling structure to reduce your PPOR faster and continue to draw out investment lending – we’ve done this with a lot of clients helping them clear their mortgages twice as fast.

Essentially you’ll want your setup to have your existing PPOR mortgage + a seperate investment split as a LOC or normal term loan with fully transactional offset account. This will keep your personal and investment loans clearly defined which is important to keep the ATO happy.

If you were to purchase, I’d still suggest it might be worth considering finance on the property. You can still park the leftover funds in the offset for the loan – this just at least leaves the flexibility to take those funds out for other purposes should you need, whilst maximising the deductible potential + nil interest unless used.

You need to run the trading through a business for at least 12 months, 2 financial years to cover off on most lenders policies.

Definitely keep it split from investment vs personal use – but preferably if you know the exact amounts needed then have the investment portions split for ease of accounting.

Pulling out that amount of funds will depend on the lender, some will restrict equity pulls greater than 50k, others will allow 500k without blinking an eye.

In the last month I’ve pushed through two at ~1mil a piece, in the current APRA constrained environment.

As always, use an investment focussed broker to ensure you current and future lending is working towards your investment goals than against it.

Check the make good provisions for the head lease – it’s been the case in many States that housing commission/State housing has been lax on inspecting and managing their own stock. This is where there’s been a steady stream of destroyed houses come into private hands from the State government through gradual selloffs.

Interesting concept. I can understand asking for a longer than necessary settlement etc – but the more obscure offers will likely put the agent offside or signal that you’re a newbie more than anything. Most agents I know will likely try to persuade the vendor to go for the path of least resistence – the easiest offer not the best. I’d sooner be putting in a low but competitive offer to get the agent on side to pushing for the sale.

We see periods of rises, periods of falls and periods of flat trending prices. Currently in Australia there are markets doing each of these.

I can’t see any systemic changes which will cause a major crash – just more of the same. Much as the previous Sydney peak in 2003, I can see the prices tempering there and values moving sideways until inflation and wage growth creates yet another ‘affordable’ time.