ThanksI will probably try to get 100%.  Just spoke to my current bank and they said due to financial crisis blah blah, they can only do 90% including LMI.  Will speak to a MB to see what else is on offer.  Just out of curiousity, what lenders still offer 100%?

My solicitor faxed my signed purchase contract and application documents to One Direct.   Originals were then sent afterwards.Just saying as it is.

I have an investment loan with one direct.I had a tight deadline and they managed to finalise everything very quickly.  Also, I was assigned a primary contact so that person got to know my situation fairly wellThey are based in Melbourne though so all documents will need to be sent/faxed if you are interstate.

HiI have a 2 bedder in the Sydney CBD ( Summit apartment on George Street) which I purchased late last year.Purchased for $425K and identical apartments in the same building has since been sold for around the $460-480K mark depending on the floor and layout.   Based on records, the original owner purchased it in 2002 for $350K.   The only thing…[Read more]

If i was in your shoes, I would stick to uni and get a p/t job as a clerk or similar at a law firm. Things happen in life and can be unexpected.  Having the degree gives you not only a piece of paper but also many opportunities in the event things do not go your way and you need to find a job.   I have completed a combined en…[Read more]

HiI've purchased an apartment in the Sydney CBD earlier this year and have looked at countless apartments ranging from older ones (e.g. regal, regis, millenium etc) to new ones (e.g. world tower, lumiere) etc.  In the end I settled for an apartment on george street which is roughly 6  years old.  I dont really know if the older ones will risk bei…[Read more]

Currently in my final semester of a double degree.  Dont think I could've managed to make the puchase if I didnt work full time and studied at night (puchased in November 07 and settled on the 1st Feb 08).However, whilst it may seem like a good idea to start early,  there are a few things to consider.* Are you going to change jobs (if so, try to…[Read more]

I'm a SINK  'single income no kids' (hahaha as opposed to a DINK) I'm currently working f/t and also in the last year of my degree.  After working the past 2 years and despite the fact that  I have a "very" decent salary (compared to people who have worked around the same time and longer in my industry), I decided that I did not want to work in…[Read more]

I agree with the different perceptions they will use to sell the property based on investor or home buyer … e.g. rental returns for investors or safe environment for families etc etcI also found most RE agents (5 out of the 8 I saw) tend to not take younger investors seriously.  I had one asked me to show a bank balance before wanting to deal wi…[Read more]

Hi MateIf you are looking for pure cashflows, then student accomodation could do it. However, apart from the limited capital growth, banks are usually tough when it comes to student accomodations as they are harder to resell if anything should happen.I myself am a student and I know my fair share of interstate/international students.  I found t…[Read more]

cheers mate