Total Members: 159,188

jnb

  • jnb replied to the topic Best property investment lender for the self employed? in the forum Finance 12 years, 5 months ago

    Hi Richard is that Homeside (NAB subsidiary) or NAB?

  • jnb replied to the topic Best property investment lender for the self employed? in the forum Finance 12 years, 5 months ago

    Hi Peter

    We just got our loan sanctioned through our mortgage broker from Homeloans Ltd. We approached A*Z directly they straight away asked for ABN returns for 2 years. My husband has been working under his ABN only for the past 3 months. So this was fantastic for us. they were ready to give 95% but we only took 87%. A mortgage broker is the…[Read more]

  • jnb replied to the topic high income earners and negative gearing in the forum General Property 12 years, 5 months ago

    Hi Derek

    Thank you for your response. Or strategy is not tax focussed at all. The goal is to have 10 positively geared properties in 10 years time (not including our PPOR), 9 years to go now. This is so that my husband can start working less hours as he now works 60hrs a week!!!

    We ended up with two negatively geared properties by default…[Read more]

  • jnb started the topic high income earners and negative gearing in the forum General Property 12 years, 5 months ago

    hello everyone

    I have been lurking around this forum for more than 2.5 yrs and this is my first post :( but this forum has helped me learn a lot. my husband earns 250000 a year and i work part time and earn 35000 a year. we have two properties. Our PPOR which has now been rented out, we fork out 150/wk to cover the P&I loan repayment. We have also…[Read more]

jnb

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