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Viewing 7 posts - 1 through 7 (of 7 total)
  • Profile photo of newstartnewstart
    Participant
    @newstart
    Join Date: 2005
    Post Count: 13
    June 15, 2005 - 4:25 am

    Thanks Steven & Nigel.
    Is Alistair Perry a mortgage broker or building & pest inspector?

    NewStart

    Profile photo of newstartnewstart
    Participant
    @newstart
    Join Date: 2005
    Post Count: 13
    May 26, 2005 - 4:23 am

    I’m also thinking of going as well.

    Please give us some ideas if anyone has attended this.

    NewStart

    Profile photo of newstartnewstart
    Participant
    @newstart
    Join Date: 2005
    Post Count: 13
    April 19, 2005 - 12:14 am

    My situation is totally different. We have paid off our PPOR, thinking of buying and moving into a new PPOR.
    1. Shoud we sell our current PPOR to pay for our new PPOR given our current PPOR has doubled up in price and we don’t have to pay CGT. However, that means we’ll start everything from the begining before be able to afford our first IP in the future.
    2. Should we use the equity in this current PPOR to say down 20-30% for our new PPOR. Then we use our current PPOR as IP?
    Your thoughts on the pros and cons of this situation.

    NewStart

    Profile photo of newstartnewstart
    Participant
    @newstart
    Join Date: 2005
    Post Count: 13
    April 19, 2005 - 12:04 am

    What if the contract specified a 10% deposit, is it still negotiable with the REA? How are we going to negotiate?
    By the way, is it negotiable when buying a land from a REA who says this price is not negotiable?

    NewStart

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    Participant
    @newstart
    Join Date: 2005
    Post Count: 13
    April 13, 2005 - 6:34 am

    Thanks Dr. X.

    Any recommend on interior/exterior designer who can advice on decorating your home before selling?

    NewStart

    Profile photo of newstartnewstart
    Participant
    @newstart
    Join Date: 2005
    Post Count: 13
    April 4, 2005 - 4:02 am

    Our initial plan is:
    – Get an IP
    – The new PPOR will be an off the plan that will be finished by the end of the year. By that time we hope that our current PPOR would be sold to service the new PPOR. The adv of the off the plan is that we don’t have to pay (with the exception of a deposit amount) until it’s finished building. Am i right?

    I now this is too much for a 1st time IP but is it worth considering?

    Any thought, ideas would be welcome.

    NewStart

    Profile photo of newstartnewstart
    Participant
    @newstart
    Join Date: 2005
    Post Count: 13
    April 4, 2005 - 3:42 am

    Foundation,

    We definitely will sell our current PPOR since we can’t afford 600K of debt. My question is: “is this a wise PI strategy?” Should we build our new PPOR first before thinking of PI? If we decide to have both (IP and a new house), what would be the ideal way of doing this?

    NewStart

Viewing 7 posts - 1 through 7 (of 7 total)