I don't think that the banks are locking in rates at present in the USA. As a foreign national you will not get rates of 3.5% you can get up to 60% on commercial loans at around 5%. 

This may of course change as finance is changing by the month. Some lenders will look at the strength of your credit rating in Australia as well. The only people even in the United States getting rates of 3.5% are people on the highest credit rating.

The rate is a very good one. The banks know that the current rates will be short term. To me a rate of 4.99% is great, you know that your rate is fixes I would be surprised if his sort of rate was being offered in 12 months time. However I have never been a big fan of the reserve bank and the decisions they make.

It is worth using a buyers agent especially if you are wanting to buy in another state. It is also important to make sure that the agent specializes in investment properties and also has a wide number of strategies that will suit your circumstances.

The thing I also like about Florida it the fact that all the main cities are around a 2 hour drive from each other. So all the centers are close. I like Orlando because it is in the center of the tourist areas which are located in Orlando because its 2 hours inland so does not get the extreme weather

Jeff

Perhaps you should go to the states and actually see the information rather than just talk about it. It is much better that people should go there and see the markets for themselves rather than take some ones word for it

You are incorrect

Hi Jared

I agree with Richard. These properties will only appeal to other investors and will therefore struggle with any real capital growth. In many Australian cities especially in Melbourne there are 1000s of apartments coming out of the ground.  With reducing student numbers these type of investments are a bad choice. I suggest you look at other options

There is nothing wrong with the strategy at all and I am involved in development products that do a similar thing however there is EVERY THING WRONG WITH DOCKLANDS

This is an area that will be dramatically involved in massive oversupply of property. Also do not touch the CBD of Melbourne. 

I generally look inner suburbs such as Essendon  however I currently link the inner suburbs of Brisbane.

Again stray away from the cbd of Melbourne and Docklands you will lose money here over the next few years

Homemade  you should have a talk with Jacm  she knows the area like the back of her hand and is really great with her knowledge and ethics you would not find a better person to deal with than Jacqui for that area

The fact is it does not matter who you deal with you should always do your own research. It does not take a lot of effort to go on line to see what properties are selling for in a given area. The fact that so many people buy based on some ones word amazes me. 

I tell my mentoring students that they should check everything I say because at the end of the day its your money not mine. I have always worked on the rule measure twice cut once in other words check things carefully before proceeding and if it does not feel 100% right then go on and look at the next deal. Remember the deal of a lifetime comes around every week, the stronger your knowledge the less chance that you will have of making a serious mistake with your money.

Freckle does not prevent any story at all. He puts up graphs and states that people of population growth around the world we are going to run out of resources.

Secondly he says Orlando is dangerous because since 1924 3 hurricanes have caused damage. Orlando is two hours inland from the cost so in most cases by the time a Hurricane gets to Orlando it has dropped down to a storm.

Thirdly property is selling there again and speedy the reason why I like this market is because I believe there will be capital growth in  this market over the next few years. However I am simply suggesting that people should at least have a look at the market.