Just give me a buzz anytime during biz hours – all my details are in my sig below.

Cheers

Jamie

Cool – sounds good.

Cheers

Jamie

They operate in Syd and Melb as far as I know http://houseofwealth.com.au/

Cheers

Jamie

Hiya

I haven’t crunched the numbers but a couple of things.

– What interest rate are you using to come up with these results? I’d use an inflated rate to account for future increases.

– Even if it is CF+ doesn’t necessarily mean it’s going to make for a good investment.

Cheers

Jamie

Hi Christine

Did they approach you out of the blue? If so – run for the hills.

Cheers

Jamie

If you’re looking for a broker in QLD then hit up Richard – it’s a no brainer.

He’s got the runs on the board and has been on this site since the internet was invented :-)

Best not to use terms like “interview” either – the decent brokers are fortunate to choose who they take on too – so the fit has to be right for all parties.

Cheers

Jamie

Hey Bobby

Best to get a decent finance person to sort this out for you – they don’t get much better than mr 007 himself. Richards details are above.

Cheers

Jamie

Hey Michael

You know you could have hit up your own broker directly about this right ;-)

Cheers

Jamie

House of Wealth gets a good wrap – not sure if they’re still based out of Melb.

You might be able to get some good recommendations by checkout the search function too.

Cheers

Jamie

Hey brm

So this is where you found me :-)

Looking forward to helping you with all this.

Cheers

Jamie

Yeah it’s not usually difficult to uncross.

However – if there’s LMI involved it can become tricky.

It basically involves putting up two applications – but having said that, you want to make sure it’s uncrossed correctly.

Cheers

Jamie

Hi Parlos

Three singles and a couple all buying IPs together sounds like a nightmare!

If you do proceed – seek legal advice. Someone like Terry W on this forum would be a good start.

Cheers

Jamie

Hi Clint

For GF deals I order an on completion valuation before doing anything. That gives me an idea of how much (if any) funds my client has to put towards the deal.

Generally speaking – that 80% figure probably seems about right.

Cheers

Jamie

I can tell you how to structure your loans but I can’t tell you where to buy your property :-)

Cheers

Jamie

Hi there

Student apartments rarely make for good investments.

Banks don’t like them – and will restrict you to loans of 70% and less.

There’s usually bugger all capital growth.

The rental yields seem ok on the surface – until you look into the management fees.

Cheers

Jamie

Agreed. A group = middle men making a commission which has to come from somewhere.

Cheers

Jamie

Hi Buddy

You’re not going to get too far with $20k savings for an IP purchase.

If you’ve got equity it’s best to use it – and if the purchase is for another IP it will be deductible anyway.

You should get those loans uncrossed too.

Cheers

Jamie

Hi and welcome aboard.

I’m not a west Sydney investor but do have a lot of clients who have and continue to purchase in the area.

Personally – I think it’s too late at the moment. The market has moved quickly – I’ve had some valuations come back 30% higher for properties purchased two years ago.

The cashflow from GF’s is pretty good…[Read more]

Try Nick Moustacas from Strategic Wealth.

Cheers

Jamie

Cars are a waste of money. Sell the car, buy something cheaper and put the money in property.

Cheers

Jamie