Forum Replies Created

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of pman1971pman1971
    Member
    @pman1971
    Join Date: 2007
    Post Count: 10
    June 3, 2007 - 8:22 am

    Hi all,

    Thanks for the great advice!

    My mortage broker is going through Homeside and is pretty certain he will get LMI waived. He told me that he can get it through Homeside, Commonwealth and ING. I think it does depend on the strength of the application, size of the loan and the relationship the broker has with bank.

    Profile photo of pman1971pman1971
    Member
    @pman1971
    Join Date: 2007
    Post Count: 10
    May 9, 2007 - 6:11 am

    Hi,

    I am looking to invest and hold. I earn 100K and have estimated with a new property I can have +ve cash flow property if the depreciation is around 10K. Is that overestimating for a new house at construction cost of about 150K?

    I have decided not pursue off the plan but have my eye on newly constructed properties for sale and negotitating a better price. Has anyone had much success at negotiating discounts with property developers?

    Thanks ahead!

Viewing 2 posts - 1 through 2 (of 2 total)