MARKG14422 replied to the topic Im a bit stuck need some opinions in the forum Help Needed! 17 years ago
As I explained above. I would pay the mortgage insurance to get a 20/80 low doc but the mortgage insurance company wonttouch me because they deem all my appartments to be "Serviced Apartments". I think this is really unfair because they all over 50sqm strat title that I can rent out to whoever I want or live in.But I cant make them change their…[Read more]
MARKG14422 replied to the topic Im a bit stuck need some opinions in the forum Help Needed! 17 years ago
HI Everybody,Thanks for your comments.If I sell tax is not really a problem from me for 2 out of the 3 Brisbane properties If i could find a lender who would do 70/30 with no mortgage insurance I could refinance all three properties and get a small line of credit. That would allow me to add another property to my portfolio.The problem is there is…[Read more]
MARKG14422 replied to the topic Property Investing Just as risky as stock market in the forum General Property 17 years, 4 months ago
Hi,Ive been much more successfull with property than shares in the last 10 years but I think its wrong to say thatshares are riskier that property.An investment in shares could be a managed fund, single company, it could be option or a exotic warrant.It could be highly geared, 100% owned . It could be several shares all hedged with a put…[Read more]