You should look at returns from rent in the area you are looking to purchase, at the current prices in QLD seem to have stopped rising and I will suggest that you will research carefully were you invest. You can do a fair bit on the internet, you can find some information about land tax in QLD at http://www.osr.qld.gov.au. Also ask yourself why QLD? Did…[Read more]

I must say I agree with ‘Qlds007’ I do not think that your analysis is complete. Depreciation is a very important component to look at when purchasing IP. There are varieties of loan products that probably better serve your purpose of building equity faster and turning your property into neutrally geared. Now days the banks competing within t…[Read more]

If you have a stable job and can service the loan you can borrow 106% using the property you about to buy without affecting your other IP. The idea to use a 100% offset account is very good. If you have a saving program you share it with the TAX man but if you offset your mortgage you effectively saving at the full rate of your mortgage!! Drop me…[Read more]

If you have a stable job you can borrow 106% using the property you about to buy without affecting your other IP. The idea to use an 100% offset account is very good. If you have a saving program you share it with the TAX man but if you offset your mortgage you effectively saving at the full rate of your mortgage!! Drop me an email using this…[Read more]

All true, however there are some lenders that hold a better view for the inner city and willing to lend generously even for units bellow 50m. As for your gearing this is something you will need to work out. Usually you would want to have a newer property anyway to be able to depreciate more of the value and increase your cash flow to better…[Read more]

Have you got your own property?? If you do there are lenders that will look at your case and make the payments affordable. By using your friend easy money you will get yourself back at the ditch real quick! You should be responsible for your own affair!

There are few solutions for your challenge but you need to understand the implication of each one. The loan structure should be determined after you choose the way you want to go about the property (you might want to chat to your accountant), one of the things that you need to understand is if you use part of your home for investment purposes and…[Read more]

There are several things that you can do. It seems that you have enough equity to invest and high income of which you pay a fair share of tax with it. You should look at tax effective way to invest, one of the way is property investment, if done right at your level of income it should not cost you out of pocket more then $150-$200 (if that) per…[Read more]

As you on a higher tax bracket you should look at changing the ratio of ownership it may cost you the stamp duty again but calculate your benefit on the long run if there is any, with your loan IO is usually the best option however there are ways of minimizing your liability without loosing the accessibility to your funds. If you like to discuss…[Read more]

As an investor, your mortgage should be allowing you to increase your equity. This would be the most Tax effective way for you to accumulate funds for your next property. If your mortgage setup right, you will be able to utilize your cash-flow instead of increasing your payments.

YES you can borrow 100%, you can even borrow 106% if you can service it. It will go toward purchasing costs such as stamp duty, mortgage insurance legal etc. So basically you DO NOT use your money!! Allan, I can arrange for that type of finance, just reply to my message.