hschmid replied to the topic Becoming a mortgage broker in the forum Finance 14 years, 7 months ago
Refund Homeloans charge nearly $70,000 to buy a franchise.
They have > 400… amazing to me!
hschmid replied to the topic Looking for Mortgage broker in Sydney in the forum Finance 14 years, 10 months ago
I agree number 8, through clever structures one can acquire more properties than just buying in own name and killing servicability for further borrowings.
hschmid replied to the topic Property Valuation with St George in the forum Finance 14 years, 10 months ago
Very clever.
Sometimes hard to get the panel listhschmid replied to the topic Looking for Mortgage broker in Sydney in the forum Finance 14 years, 10 months ago
Thank you wealth4life, we appreciate the endorsement
hschmid replied to the topic Becoming a mortgage broker in the forum Finance 14 years, 10 months ago
visit http://www.brokersite.com.au to learn about becoming a mortgage broker
start part time, no joining feeshschmid replied to the topic Mortgage broker commission and trailing fees rebate in the forum Opinionated! 14 years, 10 months ago
Lots of information about strategic alliances and commission sharing at http://www.brokersite.com.au
hschmid replied to the topic Property Valuation with St George in the forum Finance 14 years, 10 months ago
My friend just SOLD a superb waterfront in Surfers for 3.7… valuation came in 2.8, deal dead!
hschmid replied to the topic RAMS to withdraw from Broker Channels in the forum Finance 14 years, 10 months ago
Very interesting development for the broker space.
hschmid replied to the topic Low Doc Loans in the forum very hard to place this type 14 years, 10 months ago
very hard to place this type of loan in this current market
hschmid replied to the topic Looking for Mortgage broker in Sydney in the forum We work with several 14 years, 10 months ago
We work with several mortgage managers who might look at wholesale rates
hschmid replied to the topic Becoming a mortgage broker in the forum Finance 16 years, 2 months ago
visit http://www.brokersite.com.au for details and opportunities to become a mortgage broker
hschmid replied to the topic Becoming a mortgage broker in the forum Finance 16 years, 2 months ago
visit http://www.brokersite.com.au for details and MB opportunities
hschmid replied to the topic Is 50% ROI really obtainable in this market? in the forum Value Adding 16 years, 4 months ago
yes, that would be nice!
hschmid replied to the topic Feeling Down in the forum Help Needed! 17 years ago
I agree. Phew!Watch your blood pressure.
hschmid replied to the topic Feeling Down in the forum Help Needed! 17 years ago
v8ghia wrote:
hi Dr. Spock,I think a lot of stuff has been covered her with the other posters, (other than the one with the development suggestion……you' just gotta wonder sometimes!) Wonder about what! I made that suggestion.You think developing property is a stupid idea?There is more to property than just buying and sitting for 20 y…[Read more]hschmid replied to the topic cesar loan in the forum Help Needed! 17 years ago
It is SeizaThey charge >8% interest and max 80% LVRThe following is a guide.yr 1 u pay 4 % and the remaining 4% is capitalised onto the loan.yr 2 u pay 5% and capitalise 3%yr 3 u pay 6% and capitalise 2%yr 4 u pay 7% and capitalise 1 %Yr 5 onwards u pay normal rack rateThe figures are not precise but pretty close .Can help with cashflow but will…[Read more]
hschmid replied to the topic New Investor to Property market Any Help Appreciated. in the forum Help Needed! 17 years ago
Hi Jack, welcome to the forum.U will find this to be an excellent platform for knowledge and possible contacts.As a newbie, just read and search threads of interest.There is feedback for most questions.There are some great success stories, like yr friend, there are also tales of sorrow.Enjoy the journey of discovery
hschmid replied to the topic Hopeful First Time Investor! in the forum Help Needed! 17 years ago
You mention that u r going to c an "Investment Company".Property investment companies can b very dangerous.They are renowned for selling overpriced properties.Not a lttle overpriced, VERY overpriced.To balance your thinking consider visiting http://www.jenman.com.au He means well as a consumer advocate.He recently exposed an group called Insight (search…[Read more]
hschmid replied to the topic CF+ Spotting Services? in the forum Help Needed! 17 years ago
Buying well will help with affordability.You might find that developing a property might offer you better returns PLUS instant capital gains.Start with a duplex maybe.Sell 1 side and keep the other.The numbers might excite you!
hschmid replied to the topic Feeling Down in the forum Help Needed! 17 years ago
SpockMaybe its too passive to turn him on!He might believe that the same $ could be more profitable in the business than in bricks and mortar.Consider a small development or subdivision with exciting profit opportunities.This might add the BUZZ to turn him around.
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