Go for the lowest rate with low LVR…why wasting money with 0.2-0.3% interest rateI wish they can do 50%LVR with 6% interest rate

Mathematical error!That is a difference increase of $62 per week or $3,224 per year. Because 4*12 = 48 weeks. But previous equation you divided it by 52 weeks. Therefore extra 4 weeks = A$3224 = correctIt should not have any problem as interest is calculating daily.

it seems that people keep asking the same questions every day

I still consider 70%  clearance rate = high.The bottom line is vendoer might NOT want to sell it (unless a good price). The stock market is going nowhere. Can't see the reason why people would like to sell the property at the discount price.Remember.. the interest rate is still LOW (below average)It would be CRAZY for RBA to increase the IR in t…[Read more]

some of the contents are out-dated…(imagine reading the book by Peter Spann …)you can read the posting from this forum or somersoft..it is more uptodate

congratswhere about the property… the REA has deleted the link

Will kill the next project… heard STO(Santos) is negoatiating the LNG project

go to ebay and purchase it

well,… you are using aussie dollar to purchase something in the third world countries… bad comparison…(i.e. you earn aussie dollar and live in other countries..??? does NOT make sense)the best comparison… of course..house to income ratio.. has been well published and accepted (see media comments about housing affordability).. they compare…[Read more]

ambosh… it is doable in the rural small town

it depends on your situation… can be your friend or enemy

If you are worried on current rates, you should not get into property investing. It is still below average.

jake … plenty of answers to your questions… just do a simple search

units4me… you use AUS dollar for comparison… and aussie dollar has been very strong against other currencies..it is a basic statistic mistake…

NAB Broker arm…. how about PLAN? do they offer a competitive loan as well?

Latest opinion from Paul Clitoroe (money magazine)… Stay away from US properties as aussie investors have NOT
been given full pictures of investment condition @ USA. There are bargains out there… no doubt.. but if through broker via broker via broker.. obviously… a dud investment.

Aussie investors might think like investing in…[Read more]

Whilst its not an elegant solution, and possibly more effort than its worth.. you could sell the 470k property, pay out the $60k owing, purchase another rental/investment property at an LVR of 80% or 90%, and use the remainder of the proceeds of sale to reduce the current loan on the investment property you moved into. This would allow you to…[Read more]

You won’t be able to get a house with 250k @ liverpool
the cheapest around 350k

prefer freehold shop…
residential upstair
with the commercial/shop downstair

Richard
Seems like your reputation going up and up from this forum