Dandare

Dandare replied to the topic Switching ip to interest only assessment in the forum Finance 4 years ago

Hi David,

thanks for taking the time to reply. I have still not moved forward on this as I am concerned that my serviceability may open up a can of worms with the lender.

My finances have been affected by the downturn although I feel I am now in a good position to move forward with my investing due to my recent property renovation. I am in a…[Read more]

Dandare started the topic Switching ip to interest only assessment in the forum Finance 4 years ago

Hello all,

this is a pretty straight forward question for the experienced people on here…

After researching, I intend to change my investment property loan from repayment to interest only, I am just wondering can anybody advise on the criteria for which this is approved or denied?

I would like to think this is a relatively straightforward ask…[Read more]

Dandare replied to the topic BRENDAN NICHOLS HOME STUDY COURSE AND MORE in the forum Buy, Swap & Sell 4 years ago

Hey can you post this to Sa? I’ll take it

Dandare replied to the topic Looking for insights, coaching, opinions and help in the forum Help Needed! 4 years ago

Also keen for this Steve

Dandare replied to the topic Security swap / term deposit in the forum General Property 4 years ago

Yes, the lender is Anz, apparently one of the only lenders that offer the service, based on their value Of the new security

Dandare replied to the topic Security swap / term deposit in the forum General Property 4 years ago

Hey guys

sorry I should of explained better. I cannot get a new loan At the moment due to income and job keeper, so keeping the existing loan open, currently at 3.3%

By holding costs I mean I will still have to repay the loan while not receiving any income from the old property, I was wondering if anyone has experience changing the loan to…[Read more]

Dandare started the topic Security swap / term deposit in the forum General Property 4 years ago

Hello all,

I have an offer on my underperforming house And am going to look for a better property to move forward with my investing via a security swap, My question is,

what’s the best way to hold funds in a term deposit while I source another property in terms of keeping the costs down? Interest rates are non existent compared to the i…[Read more]