Hi there,Are you wanting to refinance these loans to purchase property in the near future, or are you simply looking to refinance to improve the structure of your loans so that you are set to go ahead in a year or two?Lia

Hi Neil!Firstly, I'm not going to recommend you sell your property!! I think you've done really well for yourself, if you bought your property at around the $600K mark and have had it appreciate to around the nine level.Whilst you would have more money to play with if you had a smaller house, you have a great big asset in your huge house – and…[Read more]

Hey Sarah,Couple of points – yes, be very wary of a broker who is telling you how much to put on a no or lodoc form. very dodge!!As far as servicability, there is always a way!  all lenders have tips and tricks to add to your servicability, whether its inclusions that others don't use, or higher servicability on particular products that they…[Read more]

Hi there,There are several products on the market that will allow you to refinance your property up to 95%, in order that you could use that money for fees etc on your first IP.If your house was valued at 255K, you may have the option of refi-ing up to 95% and using that 17K towards purchase of your IP.Granted, as the other guys have eluded to,…[Read more]

Hi Bicky,This is a sticky question, because there's alot of grey area here.In general (very general) keeping properties seperate will make it easier at tax time, easier to refinance and could save you money if things went wrong with the lender you are with.In some cases the lender will make you revalue all of your property each time you get a…[Read more]

Hi Chirag,Good on you for learning the ins and outs of what you're planning to achieve.  Everyone starts out somewhere, and asking lots of questions is the best way to learn!If you are looking to start out in property investing as a business, I would advise that you start out with a good accountant, who has experience in property investing. I…[Read more]

Hi Jane,Jon has it very right by saying that you need to work backwards.Many new property investors start out down a path that they've not looked into, and end up unwittingly putting themselves into structures or loans that might have been great for someone buying one house, but a nightmare for someone who has a portfolio of property.If you are…[Read more]