I can only speak for Jane because I know her.

She’s the real deal – very genuine, intelligent and has a desire to help.

Have you checked out her recent podcast? https://itunes.apple.com/au/podcast/your-property-success-podcast/id1130965213?mt=2

Cheers

Jamie

Hi Jason

There’s often ad-hoc get togethers in most capital cities which are arranged on this forum and others like it.

Cheers

Jamie

Hiya

Stamps should have been claimed in the same financial year that you purchased the property in.

Cheers

Jamie

Hi hrjmck

I can’t add a lot to what’s already been said – except, if you’re in doubt and you don’t feel that your other broker is doing a good job then hit up one of the pros on here. You’ve had some awesome brokers respond above.

Cheers

Jamie

What’s drawing you to Tarneit Tran?

Cheers

Jamie

If you don’t need face to face then you can hit up anyone – Richard above would be a good start.

Cheers

Jamie

Mike R. wrote:

Closing in on my first IP within the next month. One thing I’m a little nervous about and need knowledge in is what happens when RBA rates rise.. I’m looking at an Interest only loan and a 90% LVR. Is this a wise decision with rates likely to rise in the next couple of years or worth going for a 20 deposit or 80% LVR. Also, what is the general procedure when rates rise?

Hey Mike

If you’re concerned about rate rises then it might be a good idea to go with a 10% deposit (rather than 20%) and drop the remaining 10% into a linked offset. That way you’ll have a contingency fund.

As for rates – they’ll go back up eventually but not anytime soon IMO. Certainly won’t go up rapidly – and your rental income should also increase over time.

If it’s your first/only loan then I wouldn’t fix the entire debt. Doing so generally means forgoing flexibility such as linking up an offset, etc

Cheers

Jamie

lisabellan wrote:

If there was another way to get a loan without amy deposit or linking another property with equity I’d be very interested in hearing about it.

Hey Lisa

Just needed to release equity from each property. Set up a separate loan for each. If it can be done with cross coll – it can be done without it too.

Cheers

Jamie

Agree with Benny – there’s not enough info to provide a decent response.

However – from what I’m reading it looks like there’s around $50k in accessible equity in your current property (assuming a valuation of $250k and 80% LVR) – so combine that with your $20k and that gives you $70k to play with.

Realistically – $70k would cover the 12% deposit/costs on an IP around $400k

Again though – not enough info to provide an accurate response but hopefully that gives you something to work with.

Cheers

Jamie