Postie,

With those rates of commission you can go to any mortgage broker and work for them and not have to pay $35,000

I am in the finance industry and I know what its like when a broker stuffs you around. If you are interested a friend of mine deals with the slightly harder cases. His website is drmortgage.com.au check out the website and see if he can help you.[8D]

I am in the finance industry and I know what its like when a broker stuffs you around. If you are interested a friend of mine deals with the slightly harder cases. His website is drmortgage.com.au check out the website and see if he can help you.[8D]

I have a finance company and have few years experience in the industry. There are a few things I would consider:

1. Where are your leads coming from – with or without the franchise?

2. You should go and work for someone to see if it is your cup of tea. It has a high drop out rate.

3. On $1.5m you should be earning $9000 – $10500 depending on…[Read more]

Im in Sydney and I pay 5% at the moment, however, if the tenants leave, the R/E will charge me a letting fee of 1 weeks rent. Is that fair?

I also just purchased a property that is already tenanted and i’m keeping the tenants in the property. Does the r/e agent charge anything for an ongoing tenancy? [?]

To be honest Huey, I’ve bitten off more than I can chew with the thesis. At the moment it is a scrawl of about 300 pages of notes and Im still scratching away.

I’m going nuts actually and to answer your question I’ve learnt more from this forum than anywhere else, so people if I ask questions don’t get offended.

To be honest Huey, I’ve bitten off more than I can chew with the thesis. At the moment it is a scrawl of about 300 pages of notes and Im still scratching away.

I’m going nuts actually and to answer your question I’ve learnt more from this forum than anywhere else, so people if I ask questions don’t get offended.

Here are some of their products. They may not be extremely competitive but depending on strength of the client they avoid using LMI unless 90LVR and over.

FAST – EUROFINANCE Home Loan Rate Sheets

Products Interest Rates
Eurofinance Asset Lend – Residential From 9.0%
Eurofinance Asset Lent – Commercial From 10.0%
Euro Term Loan 6.49%
Euro…[Read more]

Everybody has their own stroke, however +ve gear is not mine – sorry forum.

Huey – i’m actually writing a thesis in the psychology of the typical investor. I’ll send you a copy when I finish.

Chandara – I chase property that I know that has potential but cannot be sold at the full market value because of the owners circumstances. Not all people…[Read more]

For people looking to get into Sydney home site market at minimal cost there are still some markets that are financially accessible. You can pick up houses in Shalvey and Plumpton for $195,000 but speculators are entering the market because of the Orbital.

As with the Vaucluse property, it was a case of worst house in the best street. Raising the…[Read more]

CBA offer the best package to doctors. I put my father onto to the CBA AMA member package and the rate is very competitive. The ANZ is for fresh graduates. Ask your broker for Macquarie, however, they scrutinise the receipts from Medicare and are very aware of the 80 items a day rule and can be real p#$cks about it.

I won’t deal with Heritage. I supplied an application with complete documentation and the BDM from Heritage told me he would give me an answer in 6 hrs for my client. 13 days later, still no answer so I collected the application, walked half a block to CBA and had it approved in 36 hrs. No problem.

You must have an LVR of 80%, so you must have 20% plus costs – stamp duty etc

It would have been better to fix rates with ANZ 2 months ago before they put them up. However, clients of mine with ANZ breakfree and professional package have been asking me of late should we fix or not?

My opinion is mixed. If you want to refinance and purchase more property, hold off from fixing because of the costs involved.

However, there…[Read more]

It would have been better to fix rates with ANZ 2 months ago before they put them up. However, clients of mine with ANZ breakfree and professional package have been asking me of late should we fix or not?

My opinion is mixed. If you want to refinance and purchase more property, hold off from fixing because of the costs involved.

However, there…[Read more]

I might be able to point you in the right direction. Im in Sydney but I can point you to a bank.

Email me on george.fermanis@bigpond.com

Nicole,

I would watch out.

1. Their Sydney properties aren’t too crash hot.

2. Anyone that charges you to see what they offer – finance and property in particular shows that something is fishy. I agree with Gavin.

Thanks Steve[8D]

This type of selling is immoral and should be heavily regulated. It’s like a certain type of religion that come and knock on your door on a Sunday push their religion onto you – when they should be at church anyway. I had this bloke from AMWAY bug me and bug me. In the end I gave him $110 to join and shut him up. The members call it a business but…[Read more]

Can someone email me on george.fermanis@bigpond.com when it happens[8D]