The best place to start is give your council a call, speak to the person in the Dual Occupancy section and they will be able to give you the inforamation you need.

Nathan

Thank You everyone for you replies, they are very helpfull. I will definetly keep exploring the different options as you said, I do have a bit of time up my sleeve, so I will use it to my advantage.

The broker doesn’t charge any fees, but she doesn receive a percentage depending on the lender.

I am meeting with St George next week, and another…[Read more]

Thanks for your feedback guys,

The Ip is valued @ $340,000. I have more equity available but want to take the loan to 90%, so I can have more cash available for another IP in 6-12 months. On my current wage and rental income, I have the borrowing capacity of $500,000 +, so I don’t think risk should be an issue.

The only other features I want in…[Read more]