I think you only need a full time job for three months to qualify for a loan, but not too sure. Have a yak to some of the creative mortgage brokers on the site.

Yep Brisbane for sure, Jonathon Brown for the Norm Smith and Hawthorn to take the flag in 2005, or maybe 2015?

Yes Westan is spot on, this whole community that is housing commission 10 minutes from me, where people rent from the gov and also buy from the gov has gone up exponentially.

3 bedroom, 1 bathroom, 10 sq. house 6-700sqm block;

Prices 5 years ago- $50 000
Now- Be lucky to find one under $200k

Hello,

1. Strata titles are single units, apartments in a block, whatever, that are treated as seperate units, apartments etc. If you have a block of 10 units that aren’t strata, they are treated as one property. If they were strata they would be treated as 10 properties.

2. You could only do this is they were strata. A strata block has all…[Read more]

Must be one of Jenman’s tricks…

I dont know if that’s a good deal, but if I was in your position I’d insure everything for the most I could possibly get. Sure it may cost you a few hundred bucks more, but who knows, one day?…

This is the best post I’ve read in months. There’s nothing better than exercising your new found knowledge in the field, especially on agents. Me and my Dad looked at this crappy unit a while ago and the agent was a walking coma. Stupid, incompetent, would have failed as a crash test dummy. We worked him over good and had a great laugh in the…[Read more]

Thanks for that Kay, I really appreciate the effort you went to for my post[biggrin] Cheers, G7

I would get another broker, one who knows what they’re doing. G7

Noob, would you consider taking out insurance yourself on his behalf, this may seem a bit charitable but he is family and the fallout if something did happen could be enormous.
You might find yourself accommodating an unemployed, financial basket case…

Get off your arse and get a job.

Welcome to the forum, I believe in +ve cashflow too but sometimes the price you pay to achieve this is simply not worth it. Why buy a house (a significant investment) to make $20 per week?
I think it took a lot of courage to admit your situation, especially in public and I’m sure there are plenty of people on this forum that have great ideas of…[Read more]

A friend of mine used the NAB, ANZ and Suncorp Metway, whether he told them it was for wrapping is another thing altogether though.

The road right next to my parents house was sealed about 10 years ago. They live on a corner and paid about $1400 for about 40 meters, if their address was on the road being sealed it would have been about $14000. For houses on the new road, costs started at about $7000 for a 20 meter street frontage.
It was not a major road, just a road that…[Read more]

I agree with everyone else, finance is now a commodity, the ball is in our court yet too many dont realise this…YET!

Good Luck, G7

I’m probably wrong but here goes, you would still own the property you want to wrap until the wrapee has made their final repayment, say in 25yrs time. Therefore when contracts are exchanged officially, then you are liable for CGT?
I’m not sure but then again I could be right?[confused2]
Hope this helps, G7

Yes, this condition is known as ‘information constipation'[dunny] or ‘analysis paralysis'[wacko]. Everyone suffers from it in varying degrees at one time or another. Dont worry too much, it happens to everyone and sooner or later you’ll emerge from the fog with the path and direction that is best for you. Hope this helps…G7

Yes the person you wrap to can certainly get the first home owners grant.
Try for other wrappers in the getting creative bit, there are stacks who have done wraps. Good luck!

I’m pretty sure I dont have cookies, but who knows, but when I do click to log out in the top right hand corner my computer does absolutely nothing…
Just clicked then and nothing happened.

I chose 2 that I liked but the other one was taken…