Kosta replied to the topic Serviceability Woes! in the forum Finance 7 years, 8 months ago
Hi folks,
Are there any lenders that have favourable serviceability views when it comes to Parental leave? My wife is on 12-months leave from work, and with our income now halved, feel like all the major lenders don’t want anything to do with re-financing or/and pre-approvals.
Admittedly we were already ‘maxed out’ with IP’s, but surely there’s…[Read more]
Kosta replied to the topic Block Investing – Group investing in the forum Creative Investing 7 years, 10 months ago
Hi Nigel,
Sounds like something I might be interested in getting involved with.
Do you have any more information of links to send through? Interested in how the buying/finance works for this U.S. options also..
Kosta started the topic Block Investing – Group investing in the forum Creative Investing 7 years, 10 months ago
Hi All,
Was hoping for direction on where to find companies/buyers who buy group blocks and then re-sell onto buyers?
Have bought a couple in VIC (through Advantage Property), so was hoping to see if anyone else uses similar strategy interstate (or even other business in Vic)
Thanks
Kosta replied to the topic Transferring property to a company/trust in the forum Finance 8 years ago
Hi Daniel and co.
I have had similar thought’s also, and am sure that a trust (or multiple trust) structure was how some investors have 50+ properties.
As I understand it, you can max your burrowing with trust A serving as a guarantor with your income. Then open Trust B and use your income again in with a ‘fresh’ serviceability as the…[Read more]
Kosta replied to the topic Looking for a Buyers Agent in the forum General Property 8 years, 1 month ago
I have bought through a couple different ones recently.
Frank Valentic – Advantage Property (VIC based)
Bought a couple ‘group block’ properties, which is a strategy where the whole block of units/apartment is bought in bulk (cheaper then there individual value) and later subdivided and fully externally renovated – adding quick value and…[Read more]
Kosta replied to the topic Re-Financing IP to reduce PPOR Loan in the forum Legal & Accounting 8 years, 2 months ago
Thanks Terry,
Thought that may have been the case. Is there any ‘legal’ loop holes to explore?
Kosta changed their profile picture 8 years, 2 months ago
Kosta started the topic Re-Financing IP to reduce PPOR Loan in the forum Legal & Accounting 8 years, 2 months ago
Hi Folks,
Am hoping for a cheeky suggestion if about to Re-financing a current IP, drawing the IP equity to then pay off the loan of the PPOR whilst keeping the equity draw from the IP tax deductible?
I have heard an option that once equity is drawn to place it into another IP Offset account, and then from there to transfer the funds into the…[Read more]
Kosta became a registered member 8 years, 2 months ago