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  • Profile photo of mcollinsmcollins
    Participant
    @mcollins
    Join Date: 2003
    Post Count: 58
    December 16, 2003 - 2:35 am

    Hi Rachel,

    I am interested.

    matthew.collinsatcandle.com

    THanks

    Profile photo of mcollinsmcollins
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    @mcollins
    Join Date: 2003
    Post Count: 58
    December 4, 2003 - 12:43 pm

    How is a 2nd mortgage different from refinancing and just borrowing more against the same property ?

    Profile photo of mcollinsmcollins
    Participant
    @mcollins
    Join Date: 2003
    Post Count: 58
    December 4, 2003 - 12:39 pm

    Both properties I am looking at have a LVR of 72% which I think is pretty good ??

    Profile photo of mcollinsmcollins
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    @mcollins
    Join Date: 2003
    Post Count: 58
    December 2, 2003 - 8:12 am

    Where at Bear ?

    If not which state ?

    Profile photo of mcollinsmcollins
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    @mcollins
    Join Date: 2003
    Post Count: 58
    December 2, 2003 - 2:16 am

    I don’t think you are missing anything, there is a limit to how many properties one can structure like this and that depends on your taxable income.

    Profile photo of mcollinsmcollins
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    @mcollins
    Join Date: 2003
    Post Count: 58
    December 1, 2003 - 11:56 am

    Why doesn’t someone put one of their hopuses they have just settled on on the forum so we can see where and what kind of thing you are buying ?

    Profile photo of mcollinsmcollins
    Participant
    @mcollins
    Join Date: 2003
    Post Count: 58
    December 1, 2003 - 11:06 am

    Bear,

    Can you tell me where you bought this house for $27K ?

    Profile photo of mcollinsmcollins
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    @mcollins
    Join Date: 2003
    Post Count: 58
    November 28, 2003 - 6:16 pm

    Did you buy the hiuse in Abercadabre for $75,000 ?

    Profile photo of mcollinsmcollins
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    @mcollins
    Join Date: 2003
    Post Count: 58
    November 28, 2003 - 5:50 am

    I must admitt I can’t find any positive cashflow properties except real cheapies $50-$60K which are probably on flood plains.

    Is it worth buying a property that breaks even as you will eventually own it outright without costing you anything !!

    When people say its cashlow + do they mean after they have put in 20% deposit ???

    Profile photo of mcollinsmcollins
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    @mcollins
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    Post Count: 58
    November 26, 2003 - 2:48 pm

    What is Manjimup like ?

    Profile photo of mcollinsmcollins
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    @mcollins
    Join Date: 2003
    Post Count: 58
    November 24, 2003 - 1:25 pm

    Fatboy,

    There are a few houses that come close to the 11 sec rule in Mackay ? I don’t suppose you will give me a “general” area of better properties, closer to the 11sec rule are ?

    Profile photo of mcollinsmcollins
    Participant
    @mcollins
    Join Date: 2003
    Post Count: 58
    November 22, 2003 - 4:12 am

    no its not my house.

    People seem to be buying positive cashflow properties in QLD. Won’t someone give us a glue where they have been doing it ?

    What do guys think about Wagga Wagga ?

    Profile photo of mcollinsmcollins
    Participant
    @mcollins
    Join Date: 2003
    Post Count: 58
    November 22, 2003 - 12:31 am

    quote:

    Be wary,
    I know what is on either side of that photo.Mike

    What is it ?

    Profile photo of mcollinsmcollins
    Participant
    @mcollins
    Join Date: 2003
    Post Count: 58
    November 20, 2003 - 3:45 pm

    Check this out it meets the 11 sec rule perfect.
    http://www.domain.com.au/listing.aspx?mode=buy&id=2004060758

Viewing 14 posts - 21 through 34 (of 34 total)
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