kev replied to the topic Really need help , our bank has just screwed us over and we dont know what to do in the forum Finance 9 years, 2 months ago
Hi All .
First off thanks for all the help.
I thought i would give a update and also ask a few question you might be able to guide us with .
We let things go as time ran out but we are now the new owners so we have a bit of time on things .
I believe that the personal loan was not aloud simply because we don’t have enough security .
But…[Read more]
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kev replied to the topic Really need help , our bank has just screwed us over and we dont know what to do in the forum Finance 9 years, 2 months ago
Pushed into by a bank that has no idea what they are doing would be more like it .
This has not been a rushed process i can assure you but the problem has been as i am seeing now is the people that i have been
dealing with to date .I think it is right that i should have split it . As i said it is two separate proprieties .
Which the bank…[Read more]
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kev replied to the topic Really need help , our bank has just screwed us over and we dont know what to do in the forum Finance 9 years, 2 months ago
You are still not being very clear. Is your bank lending you enough so that you can settle the purchase? Is the personal loan so that after settlement you can renovate the second building?
Correct .
It is just a joke .
Two buildings on separate titles but being sold as one .
First being , 3 bedroom , was rented $220 week .
Second building…[Read more]
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kev replied to the topic Really need help , our bank has just screwed us over and we dont know what to do in the forum Finance 9 years, 2 months ago
No , we have a home /investment loan and that seems to be where the problem is .
There is two titles , with two buildings . The first which seems to be the only one the bank is looking at is the rental for now .
The personal loan was for the second building which we wanted to turn into a rental . The plan was to have three rentals over the two…[Read more]
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kev started the topic Really need help , our bank has just screwed us over and we dont know what to do in the forum Finance 9 years, 2 months ago
Really need help , our bank has just screwed us over and we dont know what to do
Can anyone help .
We have exchanged contracts for our first investment propriety .
The reason we bought it is because it has a second building on it we were planing on renovating.
Before we signed we went though a personal loan and got the OK as long as the…[Read more]
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kev started the topic starting in propriety developing in the forum Legal & Accounting 9 years, 3 months ago
Howdy .
Was hoping some people could give me options as my new account is telling me things but not what i should do.
We are planning on starting to buy old houses and repair them for the rise in equity but not to sell but to sit on and rent out .
With the tax laws i seem to be finding it confusing on what i can and can not claim and when .…[Read more]
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kev started the topic Council headaches before buying . in the forum Help Needed! 9 years, 4 months ago
Not sure if any one here would know or not but thought i would ask .
We are looking at buying our first rental propriety . It is only a transportable 3 bedroom house . but is getting ( or was, as just moved out ) good rental income . The purchase is low with the rent covering all costs and leaving a little extra .
The best thing about this…[Read more]
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kev became a registered member 9 years, 4 months ago
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