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Viewing 13 posts - 1 through 13 (of 13 total)
  • Profile photo of FALCONFALCON
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    @falcon
    Join Date: 2003
    Post Count: 20
    July 11, 2004 - 12:34 am

    thanks Derek and everyone else will see a broker and get an idea of my borowing capacity first

    got a much better understanding of how equity as security works now.

    Profile photo of FALCONFALCON
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    @falcon
    Join Date: 2003
    Post Count: 20
    July 8, 2004 - 10:23 am

    thanks for the replys guys they are very helpful, i worded my original post a bit wrong i realise by using equity im not actually borrowing 100% against the investment property and that you cant comment directly on my position without all the facts was more just a general enquiry into the structure of other peoples loans.
    will have a look at thing with a financial advisor although its sounds like i need to raise a bit more equity first.

    thanks again
    Falcon

    p.s by the way the propertys in question are in the 100-140 price range with equity of 60k being on a $110000 home

    Profile photo of FALCONFALCON
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    @falcon
    Join Date: 2003
    Post Count: 20
    May 26, 2004 - 12:53 pm

    thanks guys!

    Profile photo of FALCONFALCON
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    @falcon
    Join Date: 2003
    Post Count: 20
    December 3, 2003 - 10:28 am

    i think what sektor meant was by having to but a licence that would slow down the market without the need for rate increases.
    everyone said why should investors be have to suffer but they would suffer anyway if rates went up?
    i dont think sectors idea is so bad but in reality it would only be a short term once off fix as after we had paid for a licence we be back into it.

    Profile photo of FALCONFALCON
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    @falcon
    Join Date: 2003
    Post Count: 20
    October 31, 2003 - 5:49 am

    I agree, i feel we are lucky to have himon this forum he has aswered many of my questions directly and indirectly on the forum.

    Profile photo of FALCONFALCON
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    @falcon
    Join Date: 2003
    Post Count: 20
    October 27, 2003 - 10:28 am

    woops it woul prob help if i actually left my email address [xx(]

    [email protected]

    thanks

    Profile photo of FALCONFALCON
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    @falcon
    Join Date: 2003
    Post Count: 20
    October 27, 2003 - 4:35 am

    would love a copy as well!

    thanks [:)]

    Profile photo of FALCONFALCON
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    @falcon
    Join Date: 2003
    Post Count: 20
    October 2, 2003 - 7:00 am

    Currant fixed rate as advertised on their website is 6.60% for 5 years.

    only incurr charges if you try to pay over the 5000.00 per annum extra payment tolerance during fixed peroid, you make a good point BEAR1994 about refinance charges as i will posibly restructure during this peroid to buy more investments

    Profile photo of FALCONFALCON
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    @falcon
    Join Date: 2003
    Post Count: 20
    October 1, 2003 - 1:42 am

    I randg the apropriate govt agency to ask the question they said;

    their is no specified time but you must use it as your primary place of residence in the first year they suggested a for a min time of 3months after which you can do as you please.

    Profile photo of FALCONFALCON
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    @falcon
    Join Date: 2003
    Post Count: 20
    September 27, 2003 - 2:20 am

    well peter Collie does have a number of +ve places but its a tough one because with the uncertainty of coal fired power stations and the fact its been a steadly shrinking town over the last 15 years but…..?

    Borgod, you mention donnybrook and the timber industry but donnybrook isnt a timber town but i agree lovely area wouldnt mind moving there one day.

    another town is boyup brook not quite as picturesque but i know a few people with +ve cash ips there,its pretty stale not really growing or shrinking.

    Profile photo of FALCONFALCON
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    @falcon
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    Post Count: 20
    September 25, 2003 - 2:47 am

    hi Chris77 any chance you could email to me too?
    pweeease

    [email protected]

    thanks heaps!

    Profile photo of FALCONFALCON
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    @falcon
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    Post Count: 20
    September 25, 2003 - 2:32 am

    Hi Peter.

    im from south west too and just getting into it ive been studing prices for a couple of months and have found plenty that fit the 11 sec rule in and around the south west. check out some of the smaller towns thats where most of them are located.
    p.s most are under 70 000 so shouldsuit you well.

    Profile photo of FALCONFALCON
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    @falcon
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    September 17, 2003 - 2:54 am

    hi all,

    well im hopeing the bubble will burst as im not about to sell my own house but i am looking at getting into a investment property so for me a downturn in prices will be welcomed assuming it dosnt take to long to cycle back

Viewing 13 posts - 1 through 13 (of 13 total)