oh i see interesting thanks Richard and Corey!

so the feeling i’m getting is yes but you need to go no doc loan / top interest rate loans?

Thanks, Huilo

Thanks Richard!

also one more random question how much does it cost to hold a credit license etc yearly on going costs. not marketing / advertising. just compliance costs. i heard one broker say 4k p.a i thought it was extremely high.

i see this is what i thought, All good.

thanks for the speedy replies!

Would a broker be aloud to give his client a copy of a certain policy if the client asked for it? i assume not but was curious.

Cheers for the feed back!

Hi Cris,

it depends you may have had to pay a 25k deposit to get into the house / rent to buy deal. what % of that comes of the purchase price i wouldn’t know you would have to read the agreement.

the caveat just means you have a interest in the property. i’m not a lawyer. i’d assume once you have the deposit and can get finance you would just…[Read more]

Hi Cris,

it depends you made have had to pay a 25k deposit to get into the house / rent to buy deal. what % of that comes of the purchase price i wouldn’t know you would have to read the agreement.

the caveat just means you have a interest in the property. i’m not a lawyer. i’d assume once you have the deposit and can get finance you would just…[Read more]

I see, these contributions how long do you have to wait for it to be considered income? etc i put 1k into super a week only want to do this for 1-3 months to show my super can purchase a property and then i’d stop making the 1k contribution.

also biggest downside is you have to wait till like 55-70 to access it right?

Cheers

first question, yes all you’re doing is saving a deposit which you can then show a bank to get traditional finance. i would assume only 2nd tier banks would allow this as general savings i don’t think the big4 would allow this as a deposit.

2nd question you would register a caveat over the property which wouldn’t allow the vendor to sell /…[Read more]

how does smsf’s help your serviceability when you are maxed?

Cheers,

which state are you looking for?

interesting, how much does it cost to subscribe to veda?

cheers,

with an instalment contract because its a credit contract does that mean the vendor financier can write on the tenant – buyers credit report etc “missed payments” / defaults? or is that only aloud for mainstream banks?

Cheers, Huilo

Hi Corey

so in my situation 4-5 months at job A casual employment full time hours

2 weeks at labour hire casual employment full time hours

if next week i got a new job as a full time employee (etc paid holidays public holidays…)

i would be able to get finance after my first week / payslip?

wouldn’t the 2 weeks employment look extremely…[Read more]