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  • Profile photo of PenguinJrPenguinJr
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    February 20, 2004 - 3:04 am

    Hm..

    So as an investor, we’re looking for highest capitalisation rate as possible huh?

    And this is used to compare the prices?

    Thanx for the help guys.

    Profile photo of PenguinJrPenguinJr
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    February 18, 2004 - 2:17 pm

    Thanx guys.

    Keep that in mind.

    Profile photo of PenguinJrPenguinJr
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    February 18, 2004 - 11:19 am

    Hmm…

    Thanks =). Does anyone else have a different order or anything? I dont mean anything bad to Judi, he actually has enlighten my confused mind (since i’m inexperienced in this), but I’m just wondering if this is the typical approach or is there a completely different approach?

    Thanks a whole heap Judi [;)]

    Profile photo of PenguinJrPenguinJr
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    February 18, 2004 - 9:52 am

    …

    Whats tender?

    And what’s up with the high deposit?

    Whats deposit bond?

    >.<

    Profile photo of PenguinJrPenguinJr
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    February 17, 2004 - 12:47 pm

    thanx!

    I would like to learn as much as I can during these couple of months while I gather up some deposit money and researching on potential investment property.

    So any help is always appreciated =).

    Profile photo of PenguinJrPenguinJr
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    February 17, 2004 - 11:14 am

    hm.. That makes full sense…

    It also made me realise that homeLoan is different with mortgage for investment property…
    Or the word ‘mortgage’ can apply for both?

    P.S. *I can feel my brain expanding =)

    Profile photo of PenguinJrPenguinJr
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    February 17, 2004 - 10:44 am

    Hmm.. interesting…

    Do you mind going into detail of the tax implications for that?

    Thanx a whole heap for the infos mortgagehunter =).

    Profile photo of PenguinJrPenguinJr
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    February 17, 2004 - 10:16 am

    ok.. so how does getting a new appraisal and asking for a new mortgage is considered re-financing?

    My question derived from the example of “real estate riches” book by dolf de roos. A property went up from $1 m to $3 million, and by refinancing he got $2.7m, and he used that to pay his $900k mortgage (he only had $100k at start), which leaves him $1.8 million.

    Question being… how was he able to take out 90% of the property value as cash? Doesnt mortgage means to borrow money to buy a property? Isnt what he’s doing called ‘equity’? But.. isnt ‘equity’ taking out the amount of money that you’ve paid off for the mortgage?

    I’m confused here . ..

    Regards,

    ~F.T.~

    Profile photo of PenguinJrPenguinJr
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    February 16, 2004 - 12:48 pm

    Thanx for the info mortgage hunter =).

    And I’m assuming ‘clause’ is a settlement period?

    Profile photo of PenguinJrPenguinJr
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    February 16, 2004 - 8:46 am

    Hey young, wheres this “loan servicability”?

    I have the same question too..

    Profile photo of PenguinJrPenguinJr
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    February 16, 2004 - 8:40 am

    Guys!!

    Whats PPoR? and LMI?

    FHOG = First Home Owner Grant?
    What exactly do you get in this?

    I’m 19 yrs old and I’m ashamed to say that I have no savings >.<.

    I’ve been given a wake up call after I read Rich Dad Poor Dad book and Steve’s book.

    Thanx for the help.

    P.S. Hey YoungInvestor, wanna get in touch through email or something? your circumstances are very similar to mine (except for the savings bit and the state).

    Profile photo of PenguinJrPenguinJr
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    February 16, 2004 - 8:30 am

    Hi there guys, I’m just wondering…

    How likely is it that we can only put a deposit down of 5%, or even only $1000 (as steve said he had done in the book).

    And a question about the expenses, what are ‘rates’?.

    Also, is it better to find a mortgage first or sign a deal for a property first?

    I’m really new in this thing.. thanks for any help.

    Profile photo of PenguinJrPenguinJr
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    February 12, 2004 - 1:12 am

    LOL… I needed to know about the area and he just gave me some information on it, that doesnt make us being the committee does it? [:p]

    Thanx for the info crj and chan$.

    I’ll search harder next time =).

    Its just that I watched Texas Chain Massacre lately u noe .. haha

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