I am in the position to buy my next (cheap <$300k) IP outright. Is there any benefit to buying it with my cash and then searching for the best mortgage later? The reason I am considering this is:
– I can get a short settlement without worrying about bank being ready for settlement.
– don’t have to get pre approvals and have the “subject to…[Read more]

Hi there,

We just sold our PPR for $1.15 million and it was only a 2 bedroom in Richmond. We were very pleased with the result. We are living here for 90 days more until settlement.

A week later a couple of our neighbors just brought around a flyer that the agent has letter dropped all over Richmond saying:

SOLD! (PROPERTY…[Read more]

Hi there,

We just sold our PPR for $1.15 million and it was only a 2 bedroom in Richmond. We were very pleased with the result. We are living here for 90 days more until settlement.

A week later a couple of our neighbors just brought around a flyer that the agent has letter dropped all over Richmond saying:

SOLD! (PROPERTY…[Read more]

Hi there,

We just sold our PPR for $1.15 million and it was only a 2 bedroom in Richmond. We were very pleased with the result. We are living here for 90 days more until settlement.

A week later a couple of our neighbors just brought around a flyer that the agent has letter dropped all over Richmond saying:

SOLD! (PROPERTY…[Read more]

Hi there,

We need a no doc home loan. Our situation is that I am between job contracts and have sold our PPI for $990,000. After paying back the existing home loan we have about $700,000 cash. We want to buy a cheaper house for around $800,000 so need a small loan to cover the shortfall. I am to keep around $50,000 cash in hand as a buffer to…[Read more]

Hi there,
I bought a property in Horsham back in March this year. Recently I have been refinancing my PPI with the NAB and as a check they ran a title search on all my properties. To my horror the one I bought in March this year came up as still be registered in the last owner’s name. The title office told me the paperwork loans.com.au submitted…[Read more]

Hi there,
I am a fairly low wage earner, I’m a school teacher on $66,000 a year. I have played the property ladder and this PPR I own in Richmond, Victoria has shot up in value so I have been using the equity to buy three investment properties so far. I have one property rented at $260 a week, one at $255 and one at $240 a week.

I just got the…[Read more]

Hi there,

I’m completing on IP three this month and the lender’s valuation came back at $155,000 which was my original accepted offer on the property.

I have since had a building inspection done and the builder found a few things wrong which I used to negotiate the new price down to $150,000. Does this mean if I am paying a 20% deposit I can pay…[Read more]