Hi Nigel

Thanks for the heads up

Hi Jamie

Thanks, had seem him around here before so will get in contact with him

Regards

Hi Richard

Thanks very much for the heads up. As i mentioned further up the chain i am now considering tackling this from a different perspective. Possibly along the lines of Buying some land, building a PPOR so as to benefit from the FHOG of $15K (too great to ignore). Possibly structure the loan as an interest only with offset account. Pay all…[Read more]

Hi Rick, i am aware of that. The only thing i could do in that instant would be to jack up the house a bit and re stump to ensure legal height achieved. Returns would need to be there as suspect cost would be high for a project such as that

Thanks, having spoken with my wife we may now tackle this another way. Buy our PPOR on an interest only with offset account. Pay into offset as much as we can and then draw down on some of that in the next year or two to purchase a house and sublet all rooms out instead. This may be a better way to structure it so as to avoid any issues down the line..

Hi

Thanks very much for the quick response. I am based on Sunshine Coast so will need to investigate further. Had hoped that with extra rooms being under same roof it may make the process easier as am aware Granny Flats seem to be frowned upon. Why fails me given the tight housing market!!

Regards