i agree with Deka, it is just as affordable if not more, to rent and use the extra money (rent being less then morgage, rates and insurance) to build wealth thru real estate. because at the end of the day mortgage interest or rent is only dead money anyway.as long as you invest the extra money and don't blow it on keeping up with the jones's

hi all,i did not get anyone to look at it but have organised a building inspector and pest. i know that it ais a very risky thing to do (buying a house with out looking at it) but it is more then 2000 kms away from me, and at the end of the day, i have to trust my gut, even thou everyone around me is saying it is too goodto be true and that i…[Read more]

hello to all,can some one please explain how the low deposit works? ($100 or $750) this may sound like a stupid question to you but i am new at this and have paid a 10% deposit. i would like to be able to keep my money for longer if i can.Jason

Hi all,Justin thank you for that site for i am looking at Vic very strongly and it will come in handy.Jon it is not that i want it handed to me on a plate, it is that somewhere, someone has the information i want and does not charge for it. The fact that i want the information says that i dont want a property to be just handed to me, i want to go…[Read more]

hello to all,thank you for the help, i have to admit that i never would of thought about following the big companies for the next boom area, or to search councils for approvals for developments so thank you for that and the web sites.jason

hi there,i am trying to keep me LVR down as low as possible (hoping to find a property that is neutral geared) and i only have $10k in savings. but now that you mention it i proberly could use that way, can you send me some info on lowdoc nodoc loans for i have never used them. just send me a PM for my personal e-mailthank youJason

hi there, i have heard of a good cash flow strategy, it is called "share renting" not to sure on the fine details as yet but the general concept is you buy 1000 lot shares in blue chip shares, talk to a broker who deals with them (not to many around) and people will rent your shares for a period of one month at a percentage per share eg. if your…[Read more]

hey there, yes that is how i grasp it as well and as you pointed out it is not always a option with every house you look at. but it is still a good option nonetheless, and there is nothing wrong with trying to save your own money and as the saying goes "you will never know what is possible until you ask the question"

i would like the name of that developer as well if i could. for i am also looking to do a 20% vendor finance as well.and about that 2nd mortgage, i was under the impression that it is a loan between your self and the vendor for the amount and that you negoitate the terms of repayment, interest rate and payment options. e.g you borrow 10% of the…[Read more]