Thanks Marc for your clarification

I’ve recently picked up a book by Margaret Lomas and realised Steve’s def. is a little flawed

As for DaveA, you need to know the purchase price, rent return as well as the possible on-paper deductions u will be entitled to to work out if the property will be +ve CF. There’s a calculator on the website…[Read more]

Can u still use this shared equity product if your total borrowing does not exceed 80% LVR? e.g. 60% from the bank 20% from super fund

Another Q is do u have to repay both the bank and super fund at the same time? or can you choose to repay the bank first?[oneeyed]

Hi Marc

I’m a newby so if what I say is incorrect or doesn’t make sense I hope u wouldn’t mind.

I’ve read Steve’s books very recently, and from what i gathered, his definition of positive cash flow properties sounds a lot like ur positively geared property definition, and what you call positive cash flow property sounds more like a negatively…[Read more]