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craigrachow
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@craigrachow
Join Date: 2013
Post Count: 6
July 31, 2013 - 1:44 am
Steevg, i will send you a PM of someone that helped me muchly in using equity from my PPOR to buy a investment property. he was simply fantastic.
craigrachow
Participant
@craigrachow
Join Date: 2013
Post Count: 6
July 31, 2013 - 1:00 am
sure you could buy a house for a dollar…… your ongoing costs will probably be aweful though
craigrachow
Participant
@craigrachow
Join Date: 2013
Post Count: 6
July 30, 2013 - 6:45 am
for the couple of hundred (i have a unit one front and one rear door) i replaced the locks. this also gave me a opportunity to get 4 sets of keys (2 for Tennant, 1 for PM, one for me.) its all tax deductible so im happy as everyone has a key, tennats are secure and happy and PM's have a key also.
craigrachow
Participant
@craigrachow
Join Date: 2013
Post Count: 6
July 30, 2013 - 6:04 am
interesting to see this post, and the replys.
i really hope you stick up for yourself and i'm keen to see the outcome of this request, if you dont mind coming back and sharing!
craigrachow
Participant
@craigrachow
Join Date: 2013
Post Count: 6
April 28, 2013 - 2:59 am
thank you all for your kind comments.
after a few sleeps and reading i understand that it makes sense to have all necessary loan amounts on my IP and put any spare funds towards my PPOR
i will question the broker to investigate the LMI fee as if i dont have to pay it great!
PS the partner going in with me is long time GF (7yrs) . she cannot contribute any other way apart from her 13k which it looks like we wont need if we borrow using my equity. im happy with this agreement.