Ouch! I am sure Suff is aware of his error in judgement and I am sure if we all look back on life, we could find enough of our own mistakes.It suffices to say seeking legal opinion in such matters can save a lot of trauma and cost

There are serverl ways do the research via the internet http://www.realestate.com.au domain.com etc also you could contact the councils by phone email etc.  you would ask for feed back of particular areas in this forum. Google earth is a way to view the area plus you can use rpdata.com to get a picture of comparative sales in the area.You also have the…[Read more]

Issues that would come to mind when considering appartments areSize of the appartment Location eg post code/sHow many bedroomshow much depositIf you could provide more information it would be easier to assist, lenders can be a little finicky with appartments especially inner city or high rise, however if you could provide more what you are looking…[Read more]

Hi Anne Marie welcome to the site, send me an email and I can send you a link to a site that organises investor meetings

The other reason you may not be getting a straight answer as most lenders have numerous products and it would depend on the product chosen as to the I/O component, and I agree with Richard structering the loans correctly can be far more important than the rate

Thats right Angelo I suggest you do a google search for the Office of State Revenue of your state as have most of the questions and answers on the site or you can ring and speak with them

NOw that you have the offset account set up any extra cash would be best stored there as can be accessed without effecting the loan

Some banks have a policy to cross colateralise however even some of these can be negotiated with, say by your Mortgage Broker.  If you have no deposit to fund the difference between the loan and the property value and the expences such as stamp duties etc your choice will be limited, however not unachievable a quick assessment by a mortgage…[Read more]

The offset account to the fixed account may not be functional or only partial depending on the product and lender

It would probably be good for her to sit down with a Mortgage Broker there are plenty in this forum and most do not charge.  Often vital detail can be left out when communicating in this fashion.  I am not sure who from here is in Sydney but I know there are a couple I am in Brisbane. 

Yes the post is a little confusing as to whether the price is for each individual or for both

Yes its a bind many fall into and the reason more people are using Mortgage Advisers to structure their loans correctly in the first place so that if there is a change of purpose for the property it has minimum effect

They are available you need to understand that there are some hitches though, scroll back through the posts there is already a fair amount written on these loans

Hi I gather you wrote to the coucil have you tried phoning them to see who the developer is ? you probably have but just a thought

Wayne
Mortgage Adviser
Email info@alphamortgagesolutions.com.au
http://www.alphamortgagesolutions.com.au
Free March News Letter now available

You would have to ask yourself if there is that much money to be made why is he sharing this idea and not out there making it himself.

Most of these make their money out of the seminars themselves, however I do not know anything of him myself.

Wayne
Mortgage Adviser
Email…[Read more]

HI Kobe 888 before adventuring into any joint venture I would suggest that you seek legal advice. It may also pay to find a good financial adviser and Mortgage Broker

Wayne
Mortgage Adviser
Email info@alphamortgagesolutions.com.au
http://www.alphamortgagesolutions.com.au
Free March News Letter now available

Not that I am a skeptic or anything but I note that the last few in support of this company have only had 1-2 posts; and one being called “happy client” hmmm

I know nothing about them apart from reading the posts and visiting their web site

Wayne
Mortgage Adviser
Email…[Read more]

I am assuming you have already tried contacting a few insurance brokers

Wayne
Mortgage Adviser
Email info@alphamortgagesolutions.com.au
http://www.alphamortgagesolutions.com.au
First home buyers, investors, refinace, loan consolidation, equity loans, free service we come to you!

Hi I do not have the answers myself however if you go to the online shop of this web forum (see tags at top of page) there are books and courses that can be done.

It would pay to obtain as much knowledge as you can on the subject, even visit the local library. Speak with the council in the area you want to purchase, as all councils operate…[Read more]

Hi all
Michelle, Warratah 78 is looking to rent initially so doubt would be concerned what may happen down the track; See at the bottom of the post. But long term you are right a dodgy area can turn into a good investment if home work is done.

Kuade , yes Spring wood has lots of potential very nice area as with parts of Rochdale and Daisy Hill…[Read more]