Iam sure it says FIRST HOME OWNERS GRANT. i did ask my accountant he said no you can't get it if you own a home but have rented this out. he done some research and now he says yes you can possibly get it because the other property's are investments and now you want your first home you are going to live in.

well will this work you buy house at $300k you pay stamp duty on $300k the vendor pays tax on $300k (if any) the banks loan you 90-95% on the $300k its also valued at $300kNow the vendor gives you a gift of $15k Or $30k surely thats just like receiving a plasma tv for your christmas present 

I don't see why you can't up the loan take some equity out and pay the other person. but prob run it past your accountant

Hi Kev.i agree with most above don't listen to your mates or even family. Listen to yourself you will no what you want and how you will get there. study as much as you can and learn as much as you can. Ive just spent 4 months studying approx 800 hours on the net learning all about recisions and my new local area etc. And after all that ive made…[Read more]

Hey harb, you say global warming is a scam and scientists are ripping everyone off saying there is global warming. how do you no that the honest scientists arn't the scammers trying to earn that quick buck . my mum lives on the water front and shes been saying for the last few years the sea levels have been rising up the wall outside the house…[Read more]

Hi again whats the interest rates start at for commercial property

Hi Is no doc still around or is that gone. And who is left that still will do low doc and whats there floating and fixed interest rate. Cheers

hi if you no alot about the town your looking at buying in or you live in the town its probaly not a bad idea but if you don't no much about the town you might find the house will sit vacant quite alot as 3000 people is not many unless theres a shortage of rental houses and it will probaly be hard to sell later but it all comes down to if you buy…[Read more]

no point in looking at sharemarket unless you no what your doing or you study it for quite a while. you mite want to go to a good mortgage broker and see what you can actually borrow the economy at the mo has made banks tighten up and a bank prob wont look at 95 and 100% loans way to much risk for them but it would depend on your own…[Read more]

Don't forget realestate fees when you sell they will eat that $13k. be carefull with building get all fixed quotes as you can easily loose that $13k on unexpected costs. you would almost be better of offering $350k or less for one that is already built. but thats just my thoughts you may have other ideas

businessglobal wrote:
There is never really a right or wrong time to buy, it depends on the deal, your strategy, goals and financial circumstances. The last few months I have purchased 15 properties, and building a few homes also, and the buying has been very good, and decent margin in all of the purchases. A lot of it comes down to finding the…[Read more]