I am using other security so I dont have an LVR issue but I did look at the option of stand alone and I was told by my lender that maximium was 90%.  I have paid a $500 deposit and I will be paying 10% after the cooling off period.  I have the 10% in redraw but they did say that I could use a deposit bond if need be.  The salesperson that I de…[Read more]

THe one that I have reserved in the Chelsea is 60m2 – its a 1 bedroom with a carpark so from lending point of view it looks OK.  Also there is no head lease which I understood from my research was making lending difficult

I just signed up for one of these   They have just flooded the radio in Brisbane with ads so I went in to have a look.  In my case I will be cash flow positive right from the start which is great.  I asked a lot of questions and did a lot of research and from what I have found out there are nearly 200 units in Chelsea and only 40 of them have NR…[Read more]