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Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of NealNeal
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    @neal
    Join Date: 2002
    Post Count: 8
    July 28, 2003 - 4:26 am

    Hey Dynamic Duo
    Scary…….. The agent called me about that house after it fell thru for you. Too much similarity Dept Housing etc for it not to be the same house. The agent is great and sounded as upset about it as you do. Just about to offer when discovered it sold over the weekend.

    Do you guys do alot of purchasing with $500 down? Would love to chat with you about how you do things if you amenable to it? My partner and I have just started – in the process of completing the purchase of our first property in that town.

    BTW agent said the Dept Housing not normally like that, for some reason the public servant must have had a bad day and got a “bee in his bonnet” about something??? Bad luck for both of us.
    Neal

    Profile photo of NealNeal
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    @neal
    Join Date: 2002
    Post Count: 8
    March 11, 2003 - 6:01 am

    Kirby319
    One of the main reasons as I understand it for the 20% down is for ease of getting the finance. Looking at the larger picture for multiple deals…Banks will be more willing to keep lending multiple deals with 20%.
    Hope that makes sene
    Neal

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    @neal
    Join Date: 2002
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    March 4, 2003 - 4:43 am

    Thanks so much for your responses.
    Apprecate it muchly
    Neal

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    @neal
    Join Date: 2002
    Post Count: 8
    February 3, 2003 - 3:42 am

    Dianne

    I know it can be purchased at Office Works. The Sydney city branch had it in stock (last time I visited)

    Hope that helps
    Neal

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    @neal
    Join Date: 2002
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    January 28, 2003 - 1:25 am

    Hi Hilary
    I would really appreciate any info on Coffs Harbour contacts.

    [email protected]

    Thanks so much in advance

    Neal

    Profile photo of NealNeal
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    @neal
    Join Date: 2002
    Post Count: 8
    January 8, 2003 - 2:45 am

    Keep in mind I am a newbie to this and am reading and finding out as much as I can. The only comment I have is: According to Steve and others, banks feel more comfortable lending on 80% lends when multiple deals are taking place. ie If this is something you plan to continue doing, then you may have trouble securing finance with multiple properties at high % lends. Forum members please correct me if I am wrong.
    This of course on top of the mortgage insurance issue.

    Good luck to us all.
    Neal

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    @neal
    Join Date: 2002
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    November 13, 2002 - 6:08 am

    I third all of that.
    Have been doing alot of reading. The seminar confirmed what I had heard before, introduced a lot of new material, gave great ideas and concepts as well as specific strategies for progressing – no wishy washy vague directions. As a newbie with fire to move forward, it gave me some great ideas.

    Great meeting people with varying degrees of experience to learn from.

    Thanks very much!

    Profile photo of NealNeal
    Member
    @neal
    Join Date: 2002
    Post Count: 8
    November 13, 2002 - 6:08 am

    I third all of that.
    Have been doing alot of reading. The seminar confirmed what I had heard before, introduced a lot of new material, gave great ideas and concepts as well as specific strategies for progressing – no wishy washy vague directions. As a newbie with fire to move forward, it gave me some great ideas.

    Great meeting people with varying degrees of experience to learn from.

    Thanks very much!

Viewing 8 posts - 1 through 8 (of 8 total)