That’s a good read Richard, well done.

I found this, maybe it explains what i was trying to say

http://www.yourmortgage.com.au/article/bank-valuations-vs-market-value-whats-the-difference-83556.aspx

Cheers Oz

I work in IT hence why I’m wrong on the bank mortgage val issue. Just on that though if I have a deposit, am I not only borrowing the amount I need to make up the final difference. So as per my example if I did want to buy a house above what the bank is prepared to give me than can’t I just supply a bigger deposit?

I only found this forum the…[Read more]

The RPM fee I paid was several thousand and it was a once off fee. I paid it using some of my equity and claimed it as a tax deduction.

I’ve never met a broker who does more than just finance, the few I have dealt with over time have done nothing more that charge me for their serves and put me into a new loan.

RPM are not brokers and they guided…[Read more]

My Tax advice was provided by my accountant and not RPM and no the program doesn’t work by capitalising interest.

It simply uses an effective bank product together with good cash-flow management. I chose property as my vehicle to make it all work and RPM assisted. They have a number of associates such as builders, financial advisors and brokers…[Read more]

It’s funny reading posts from mortgage brokers that are working on pure assumption. Not that there is any conflict of interest but I’m sure they will tell you they can do a better deal / offer on a home loan.

My wife and I have been an RPM client for some time and many of the posts above are inaccurate. RPM are not mortgage brokers, property…[Read more]