o0tegs0o started the topic How positively geared commercial investment affects borrowing capacity in the forum Finance 2 years, 3 months ago
My husband and I currently have pre-approval to borrow up to $2 mil. We were looking to purchase our PPR but are now looking at the possibility of purchasing a commercial investment in the meantime ($1 mil value) and PPR in 12 months time.
The commercial investment would provide a net income of circa $55k per annum.
My question is around how the…[Read more]
o0tegs0o started the topic How positively geared commercial investment affects borrowing capacity in the forum Finance 2 years, 3 months ago
My husband and I currently have pre-approval to borrow up to $2 mil. We were looking to purchase our PPR but are now looking at the possibility of purchasing a commercial investment in the meantime ($1 mil value) and PPR in 12 months time.
The commercial investment would provide a net income of circa $55k per annum.
My question is around how the…[Read more]
o0tegs0o started the topic How positively geared commercial investment affects borrowing capacity in the forum Finance 2 years, 3 months ago
My husband and I currently have pre-approval to borrow up to $2 mil. We were looking to purchase our PPR but are now looking at the possibility of purchasing a commercial investment in the meantime ($1 mil value) and PPR in 12 months time.
The commercial investment would provide a net income of circa $55k per annum.
My question is around how the…[Read more]
o0tegs0o started the topic How positively geared commercial investment affects borrowing capacity in the forum Finance 2 years, 3 months ago
My husband and I currently have pre-approval to borrow up to $2 mil. We were looking to purchase our PPR but are now looking at the possibility of purchasing a commercial investment in the meantime ($1 mil value) and PPR in 12 months time.
The commercial investment would provide a net income of circa $55k per annum.
My question is around how the…[Read more]
o0tegs0o started the topic How positively geared commercial investment affects borrowing capacity in the forum Finance 2 years, 3 months ago
My husband and I currently have pre-approval to borrow up to $2 mil. We were looking to purchase our PPR but are now looking at the possibility of purchasing a commercial investment in the meantime ($1 mil value) and PPR in 12 months time.
The commercial investment would provide a net income of circa $55k per annum.
My question is around how the…[Read more]
o0tegs0o started the topic How positively geared commercial investment affects borrowing capacity in the forum Finance 2 years, 3 months ago
My husband and I currently have pre-approval to borrow up to $2 mil. We were looking to purchase our PPR but are now looking at the possibility of purchasing a commercial investment in the meantime ($1 mil value) and PPR in 12 months time.
The commercial investment would provide a net income of circa $55k per annum.
My question is around how the…[Read more]
o0tegs0o started the topic Mortgage Broker/ Financial Advisor Syd City/Nth Shore in the forum Help Needed! 8 years, 3 months ago
Any recs for a reputable mortgage broker that knows a thing or two about investing who’s located in the Sydney City/ Nth Shore area? Also someone who can provide advice on the best way to borrow/structure our investments moving forward as we build our portfolio?
Thanks
o0tegs0o replied to the topic Anyone know of a good draftsperson in ACT in the forum Help Needed! 13 years, 8 months ago
Hi Jamie,
I did give ACTPLA a call and am quickly learning that nothing is as simple as it seems! As you said, block has to be in R2 zoning which it wasn’t- so onward to the next. Great learning process though for a total novice. I’m sure something will pop up when the time is right
Teg
o0tegs0o replied to the topic Minimun block size in Canberra & cost to subdivide? in the forum Value Adding 13 years, 8 months ago
Ive never really looked into it to tell you the truth..
I’m guessing you still have to get the same approvals etc?
Whats the difference between a granny flat and say a 2 bedroom house?
Do you not have to subdivide?
Sorry I’ve never really considered it and now you’ve opened up a mind full of questions!
o0tegs0o replied to the topic Minimun block size in Canberra & cost to subdivide? in the forum Value Adding 13 years, 8 months ago
Will do a bit more research Monday – Thanks Jamie
o0tegs0o replied to the topic Deposit bond for Auction property in the forum Help Needed! 13 years, 8 months ago
Thanks Jamie
o0tegs0o replied to the topic Where to find unit blocks for sale? in the forum Thank you! 13 years, 8 months ago
Thank you!
o0tegs0o replied to the topic What can we do with lots of equity but little cash flow? in the forum Hi TC,
I guess our main 13 years, 8 months ago
Hi TC,I guess our main goal for building initially is to create some cash flow and learn the ins and outs of small developments so that we can work our way up to bigger better things as time goes on. Preferably buy and hold but if this isnt possible in the beginning due to cash flow then we'd sell up and leave the buy and hold until a little late…[Read more]
o0tegs0o replied to the topic Quick reno – Idea of costs? in the forum Thanks Dtrump those sites 14 years ago
Thanks Dtrump those sites are great! and spoonicus that budgets put me right where I need to be – much appreciated.
o0tegs0o replied to the topic JV or Family Trust? in the forum Help Needed! 14 years, 2 months ago
So much more simple.. thanks guys!