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Sorry about the confusion… I should of just stayed with the story and not figures
3 of the bathrooms in my investment portfilo have asbestos in them… i Enquired to have them removed and was told its not worthwhile..
So i took the builders opinion but i still wonderAs time is limmited I've got NAB to help me.. They are looking at my country property and are going to value my current property of interest again. I have to pay a $220 fee to value it but so be it…..
It will probably be a buisness loan but maybe in time i could find a better deal. i just need a quick solution. Not happy about possible 10% plus on interest.
Sorry
Loan with members Equity
units on the land drops max borrowing to 60%
I think my issue is the bank….. Maybe i can drawal on my super
A interest only loan.
I think i need to do my homework as I was more focused on a traditional method of paying the property half off or moreso then moving on. I would consider interest only loans if i was in a area which maybe booming soon to consider a quick sale but these properties are for long term leasing and i dont see how interest only would be a good idea. or am i missing something?
thanks again.
name: shane
located in Sydney
nearly paid off one country house
saving for a 2nd at presantMany Thanks Ill try it out