Philip10 replied to the topic Mistake, misled or deceived ? in the forum General Property 19 years, 10 months ago
I have heard from a friend of mine who was a loans manager for a credit union that some less than reputable real estate agents use digital photo software to not only change the appeance of a property but also edit out nasty things like the towers used for high voltage cables and stuff like that
Philip10 replied to the topic finance and deposits in the forum Finance 19 years, 10 months ago
Yep 17% is high we are going to late 80s interest rates with that. I guess I can shop around and get a feel for what is going on as well as recieve advise on what, where and how I can work it. Like i have said I will have a deposit saved by the end of the year so a loan shouldn’t be to much of a hassle with nearly 3000 lenders out there maybe even a bank
Philip10 replied to the topic I want to share you someone’s story, MUST READ in the forum General Property 19 years, 10 months ago
I’d like to know how jack has got 100% finance on an investment property, that is what opm is. That is my goal. All advice is welcome on how to do that.
Philip10 replied to the topic finance and deposits in the forum Finance 19 years, 10 months ago
I know about a few loans from well known builders that let you borrow 100% of the loan through morgage brokers. But Terry what I am looking for is two totally different loans for deposit and morgage. I have heard that is possible. As a morgage broker have you ever come across that.
Regards
PhilPhilip10 replied to the topic finance and deposits in the forum Finance 19 years, 10 months ago
Thank you Terry
I also heard from a property seminar I attend a few years ago that it was possible to arrange a line of credit for deposits with no colatoral (hope I spelt that right). The guy was talking about obtaining property with little income or on social security. By the way I’m not on social security. Had the same job for 6 years. I’m just…[Read more]