Never would.

The end goal is to make money selling books and doing seminars.

lol.

Freckle is the ying to the yang on this forum and I for one love it.

Jesus christ put the heat pump in and install a powerpoint. No wonder land lords have a bad rep.

And the prime minister office.

<moderator: delete language> Billions in repeatedly increasing profits every year yet they do not follow the rba cash rate move.

I work in Engineering in WA.

BHP have an external hiring freeze. A few months ago there was all talk of boom time, I can tell you I don't see it here.

If anything companies are now bringing in cheap 457s to increase profit margins, its diabolical really.

The company I'm sub contracted to, and its a big multinational vendor, has NO big projects…[Read more]

So out of a few million, a few hundred thousand is his. ok.

At what LVR?

I realise that but hes got no experience with smsf lending. i now what your going to say, find a new lender. problem is on all my previous deals the team i have work well together so to help get it over the line i feel i have to almost back him up, and do my own investigation.

richard pm sent.

What about westpac or bankwest?

Red dragon?

Thanks everyone for your advice.The deal was accepted today. I talked at lengths with my broker, accountant and settlement agent to make sure the offer was suitable.Managed to negotiate a 35 day finance and 90 day settlement.

Good question OP.In my case I want to subdivide an existing IP (IP2). I have the green title to my first IP (IP1) I'll use a security for the development work on IP2, but then I'll need to use the developed property (IP3) as security for the original IP (IP2) to keep the LVR where it is.What other options are there? Obviously crossing IP2 and IP3…[Read more]

I use Radi Estates in Inglewood. Steve and Tamara are very dedicated and do not load up their property managers too much.I have two properties with them.Steve has recommended landlord insurance with terry scheer.

Or, we ask to lease the warehouse, then when the time comes put in an offer and make the deal… less risky.

What about if we go in with an offer, subject to finance, 150 day settlement, 100 day finance approval and we lease for the period till settlement?Long shot?

Thanks Paul and RichardRichard, we already have the bare trust established, the only last thing to do is create the company custodian entity.Paul, apprently the owner is hurting, he cant even make his strata levies … apparently.Timing is a little off on this deal at the moment. We dont really want to go down the track of a lease option, its…[Read more]