matduqua replied to the topic Market Value > Contract price in the forum No Subject 21 years, 8 months ago
Thankyou everyone for your advise.
I will give it a try.
matduqua replied to the topic Property Investment Companies… any experiences? in the forum No Subject 21 years, 8 months ago
Has any got any experience with Cameron Bird?.
I am planning to buy a house in Cairns ($275K at Redlynch)from their recommendation.
matduqua replied to the topic Is it a good time to invest in Cairns (North QLD) in the forum No Subject 21 years, 8 months ago
Hi again,
I forgot to include my address [email protected].
Maybe we can travel together.
matduqua replied to the topic Is it a good time to invest in Cairns (North QLD) in the forum The Treasure Chest 21 years, 8 months ago
Hi,
I also from Sydney & do like to buy an IP in Cairns.
Please count me in for any of your discussion & analysis.
matduqua replied to the topic Newbie Getting started in the forum The Treasure Chest 21 years, 8 months ago
ANZ will lend 95% plus Mortgage Insurance MI ie approx.97% of the property value..
NAB, BankWest & Macquarie Bank,Permanent Trustee, HomeLoan LTD, AIMS will lend 95% but you have to pay MI.
I asked this question myself two weeks back & got some answer so now it’s the time to give it back.
Goodluck, it is a hard job to get any lenders to approve…[Read more]
matduqua replied to the topic +ve cashflow, +ve geared property in the forum The Treasure Chest 21 years, 8 months ago
Thankyou.
I will give it a try.
matduqua replied to the topic Why Positive Rental Cash Flow Doesnt work in the forum The Treasure Chest 21 years, 8 months ago
Quote from DeanJP:
While we are on this note there is I have noticed a few posters that get in here and fire off “I have done this +ive cashflow deal in an area I want to keep a secret so there!! ” attitude and this I think has frustrated posters such as Tails. I think sharing the knowledge of potential boom areas would be a great deal more…[Read more]
matduqua replied to the topic Positive Cash Flow + Negative Geared in the forum No Subject 21 years, 8 months ago
I am also new to property invtestment.
I have read from this forum alot about +ve geared properties.
I am in the same boat with 111111, or even a bit slower to understand the concept og +ve geared
1) I like to ask the same question about continue to pay tax at 48.5%?
2) Where can we find these properties in Sydney? I went to a suburb 3hr drive…[Read more]
matduqua replied to the topic Superannuation & Property Investment in the forum The Treasure Chest 21 years, 9 months ago
Can it be done if your super is not enough for the whole property or even just enough for the deposit say 20 to 30%.
can we lend money to fund the rest?
matduqua replied to the topic LVR 95% in the forum The Treasure Chest 21 years, 9 months ago
Leigh,
Thankyou, it definetely open my mind to other alternative.
matduqua replied to the topic LVR 95% in the forum The Treasure Chest 21 years, 9 months ago
Thankyou Oscar & Brent, I will try some more broker who deals with ANZ & NAB
Leigh,
To answer your question:
Have you already signed contract on the property?
No I haven’t. But I have a hold on the property & also secure the price.
Do you require 95% because you only have 5% deposit?
Yes & No. I do have 10% but like to keep my cashflow high.
Is…[Read more]