ANZ and St georges bank offer the best LOC at the moment. but u need to take care There can be a very good thing but they can also so burn u. u need to speak to a morgauge broker to find out all the details i spoke to MortgageHunter in the forum and he gaave me lots of info.
if u keep the land in your name and have a block on 800 can u just build two houses and rent them. i know u could never sell them indervidually but could u do that?
I’ve been reading this thread and found it really interesting as my stratage i’m thinking of using is buying blocks large enought to subdevide and do something with them like 1.sell the rear block to make frount cash flow + 2. demolish the house sell two blocks or 3. build two houses sell them.. Do u mind if i was what your opions on the ideas are
There are houses in Gossnell area as well as places like willetton, rivervale and wilson. but they will all have to be neg geared. but there under that price
Im not to shore what people think but perhaps allow pet in the place as long as the pet owner is relieable and it not a rotwheeler. but i see no problem with small dogs or cats.
As for the pitures even if they leave the wall looking like a fireing range how hard is it to fill in the bullet holes any way. and if it makes and stay longer then it all worth it.
ok its not a good idea to have a loc on a investment property but dose it work that way if your residential mortgage. is there much of a difference between loc and a 100% offset account.
Thanks for the E-mail Mortgagehunter there are a lot of scamming people out there just waiting to take my money without thinking about me. You saved be $1000s by showing how the industry works.
Yes that is them but there have been wanting to sign me up to a line of credit package with anz at 6.47% but a lot of people i’ve spoken too (all of then are my age) say line of credit is a bad thing and im just not shore. im just trying to find out your experiences with them if you use them. do they actually reduse the time it take to pay off a house?
