Yes there are many however not as many with a reasonable rate. Which is important for future servicing due to only 1 income

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!

The other option is just set up a loan with a split eg you may do 30% 70% both a liable for the entire loan; however each could look after their own split.

(this may blow the eligability for the FHOG and stampduty savings if you are not going to live there for a period or have owned your own O/O property in present or past; but guess you have to…[Read more]

HI Da Man if i read between the lines correctly you intend to increase the variable part of your PPOR? if this is correct and you intend to do this by paying off some of the fixed loan it will pay you to check out the cost of this.

Not sure if you are aware however with the fixed loan paying off large sums can incur some expensive…[Read more]

Yes I agree with Terry it could be a bit of a sticky situation, you do have a cooling off period but I believe if the agent chose too, could push for some form of compensation when cooling off. I do not think this occurs very often.

Further if you were easily financed you may have to provide evidence of being rejected and this may get a little…[Read more]

It would be best to check with the state revenue department of the state he lives in. Just do a google search for state revenue or first home owners grant. On there web page they have quite a few scenarios or you can ring them directly their no is on the web site

Wayne
Mortgage Adviser
Email…[Read more]

http://www.propertyvalue.com.au/

http://www.rpdata.com/

I assume you may already know these sites but if not check them out to see if it helps. Another way is if you are pretty chummy with a real estate agent they have access to this information which they may pass on

Wayne
Mortgage Adviser
Email…[Read more]

We have a lender on our panel that will do a low doc for a 60%lvr deal with a 1 day ABN . You will need to do a stat dec re his income

Wayne
Mortgage Adviser
Email info@alphamortgagesolutions.com.au
http://www.alphamortgagesolutions.com.au
Refinace, Loan Consolidation, Owner Occupied or Investment Finance. Free Service we come to you!

Hi and welcome Daz

Yes I agree with Richard in regards to interest rate not necessarily being the most important part of the loan. The features of the loan are far more important and how the portfolio is structured.

For example LOC (line of credit loans) are often used by investors as if the correct product is chosen the interest only I/O…[Read more]

To answer your question would take a mini book by a financial adviser. However as everyones circumstances are different there is no clear cut answer to your question.

Some have established equity over years, others may buy lots of cheap regional properties etc. Using a Mortgage Broker will help you to set up the correct loan structure from the…[Read more]

Hi Dan there is a group that meets in South Brisbane (Hyperdome)as I am not at my office computer could you email me your contact and I will pass the info on to you

Wayne
Mortgage Adviser
Email info@alphamortgagesolutions.com.au
http://www.alphamortgagesolutions.com.au
Refinace, Loan Consolidation, Owner Occupied or Investment Finance. Free…[Read more]

Hi
have you contacted a few of the property managers in the area to seek their opinion? Depending on the the demand of the area, eg if there is not a lot of call for 4 brm 2bth room the extra cost may not provide the return

Also I guess you have to weigh up the possible increase in rent against the expense of building including any interest…[Read more]

Pitfalls will be determined by the contract that is agreed upon, and if orgainsed by the vendor it would pay to seek legal opinion if you have any doubts

Wayne
Mortgage Adviser
Email info@alphamortgagesolutions.com.au
http://www.alphamortgagesolutions.com.au
Refinace, Loan Consolidation, Owner Occupied or Investment Finance. Free Service we come to you!

Hi Debbie not sure what happened to my prior post it seems to have vanished? anyway it all depends on how your LOC is set up. They are quite favoured by investors as they can be interest only on an ongoing basis and payments are only calculated on the outstanding balance.

Not all LOC products are the same it is important to ensure it is set up…[Read more]

http://www.propertydivas.com.au/

http://www.alphamortgagesolutions.com.au

http://www.propertyupdate.com.au/?gclid=CNaZ1K2XnYoCFRNGGAodqEiYmg

Wayne
Mortgage Adviser
Email info@alphamortgagesolutions.com.au
http://www.alphamortgagesolutions.com.au
Refinace, Loan Consolidation, Owner Occupied or Investment Finance. Free Service we come to you!

Hi Roger there are various ways the investors choose some like to maximise their lending and others like to stay below the 80% to avoid LMI Lenders Mortgage Insurance. This may also mean the difference to a positive or negative cash flow.

I guess this also depends on how much the investor has available. Structuring the loans is important from…[Read more]

It would all depend on your income as a student, as when i was a student had a part time job, not all do. Depending on which way you would like to start the possibility of an investment property is there.

For servicability most lenders will accept 70% of the rent as income. Providing you could service the rest that may not be an issue. You…[Read more]

I am not sure but think if the renovations were done by a developer it should be ok. You can always ring the ATO or your accountant to find this out. The ATO are usually very helpful and do not charge and you do not have to provide your details

Wayne
Mortgage Adviser
Email…[Read more]

The Offset is a savings account so you do not effect the loan in anyway apart from offsetting against the loan. Therefore if you have 300k loan and 300k in the offset the interest would be zero.

Once you take the money out of your savings account (offset account) interest is charged on the remaining balance. Therefore if you took the 300k out…[Read more]

Not sure what this service is like as found it under a web search
[urlhttp://www.propertyvalue.com.au/individual_property_report.php][/url]

Wayne
Mortgage Adviser
Email info@alphamortgagesolutions.com.au
http://www.alphamortgagesolutions.com.au
Refinace, Loan Consolidation, Owner Occupied or Investment Finance. Free Service we come to you!

by doing a google search for office of state revenue and your state as each state has its own office you will come up with the web site and find the contact details.

I am not sure of your full set of circumstances and best to not post them here. However if there is a time frame and you can move back within the first year it should be ok.…[Read more]