Terryw wrote:
I'd look at a IO loan with a 100% offset.

Can I pay extra however on such a loan to reduce it quicker, and hence lower interest quicker? 

I can go Fulldoc.  I'm looking at property value at around $300k and putting down a 20% depositor via about 1/3 savings + 2/3 re-draw of my existing PPOR (which is fully paid off).  Hope that helps people understand my situation..let me know otherwise.

seank wrote:
are snapped up within days

thanks – BTW, when you say this how does this occur (ok a IP newbie question) – does this occur just based on investors who have given real estate agents their details, i.e. and then once the RE agent has a new property they ring around their list of investors they know who are looking? How can people…[Read more]

seank wrote:
I would reconmend any of the areas you suggest, but with a budget of 300k may restrict you to Ipswich,

Tks Sean – You might be right. What do you think however of the distance from Ipswich to the City however? I don't have much of a background in Ipswich at the moment but have the impression/perception that Redbank, Goodna,…[Read more]

do you know if they charge for an initial consultation?   Or how engaging them works?  Like I guess you need to decide what deliverable you want out of them in terms of a plan or document….the other concept I was thinking of was developing my own plan but then getting it validated by a financial advisor – hopefully this would be cheaper too th…[Read more]

re "licensed financial planner" – probably a dumb question, however how can I get a list of licensed financial planners in Brisbane?  Who are they licensed with? Thanks

Scott No Mates wrote:
A two week waiting period?

Actually I didn't write this one down after my call to my Super scheme – perhaps it was 2 months – will have to double check. 

Swany wrote:
Get advice

Actual – who would you recommend to get advice on this front?  i.e. would financial advisors cover this area?  if you get advice from other insurance companies I'd be concerned they'd be biased