Total Members: 159,401

marita15199

  • marita15199 replied to the topic Subdividing- Avoiding Pitfalls in the forum No Subject 20 years, 2 months ago

    hi darren
    your are right,shi…… wont run uphill but that wont stop you from developing,you use a step up,in other words a pump. in victoria anyway.
    storm water is another issue, but their are ways around that also.
    cheers
    CHEV

  • marita15199 replied to the topic Sorting possible IPs – how to? in the forum No Subject 20 years, 2 months ago

    hi darls
    one other thing to take into account are your expenses,over 3 properties i have and they range in age from 5-50years,expenses run out at 30% of my gross rent excluding interest.

    cheers
    CHEV

  • marita15199 replied to the topic another ip in the forum Help Needed! 20 years, 2 months ago

    mortgage broker/terry
    sorry for the confusion
    let me start again
    total money borrowed 320k
    only owe 30k on ppor val 310k
    other ip val at 130k own outright
    bad business debt owe 40k
    owe 230k on ip val at 230k
    the other 20k is sitting in the offset which forms part of the 60k available.
    hope this makes more sense.
    all loans are x-coll
    the reason for…[Read more]

  • marita15199 replied to the topic another ip in the forum Help Needed! 20 years, 2 months ago

    Mobile mortgage,thanks for your reply ,just re-read my thread,PPOR should read 310k not 30k,sorry about that.any ideas on how to structure the loan?

    regards
    chev

marita15199

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