Can’t you just give sims’ number to the sellers? Surely they’d organise the removal if there was money in it for them?

Only thing I can think of is to get a contract on the one they are selling with a long (maybe 3 month) settlement. Then they should have plenty of time to find another one to buy if the one they want has sold already. On the contract on the one they buy, they can make it subject to sale of their current property. If they already have a…[Read more]

With regard to lo doc, are there any with 90% LVR and free redraw facility? Is an ABN required?
Thanks

Well, everyone’s different. With me it was a case of “just do it”. I jumped in headfirst after reading a total of 2 books (I read one of them twice), and made a very successful first purchase, followed by a second (cash flow +ve, after reading Steve’s book plus a few others), and am currently negotiating my third. So, I’m still a beginner but…[Read more]

Hi Guitarchick
I also have a low income but save a lot. I tend to make sure that after the deposit and costs, I will still have a suitable amount of cash on hand (in a redraw or offset account) for emergencies as I can’t rely on my income. It’s true that you can borrow just about as much as you want with lo and no doc loans. Just make sure…[Read more]