6:30 PM may be a little early. Peak hour nightmares and trying to get there after work. What does everyone else think? A bit later maybe?

TMA

Personally, I would use two lenders. One for the residential properties and another for the boarding house. You are being done a huge favour with 80% LVR on the boarding house so snap that up. It is usually lower than this.

90% refinance is available from various lenders. You seem to be having problems because you are trying to go direct. Let a broker stress about the details.

TMA

Lose this broker quickly… as ‘Simon Say’s’, this is basic stuff. You do not have a choice if a loan is regulated or not. If you are going to live in it, it has to be regulated. If it is an investment property, it is not regulated. This applies as to your intentions on day of settlement. You can change your mind the day after settlement without any impact from the lender.

Also, regarding the Breakfree, are you aware that you can get the same loan product for a single $400 application fee instead of paying the ongoing fee if you have no intention of using multiple splits or getting multiple loans in the near future? It is called ‘Professional Benefits’.

TMA

http://www.fhog.info

All information is available online. As long as your parents do not go on title, you will have no problem with FHOG.

TMA

Steve, I think that was just an attempt at firing me up by kendo (aka ???).

TMA

I am NOT an accountant. The following is my opinion…

YES

I would say no because you are just paying interest on interest.

Personally, I do not see why you would even want to do this as the tax benefit is far less than paying the debt down!!!

TMA

The scam usually includes getting more money from the morons dumb enough to send it by kidnapping and then murdering them. I have seen a documentary about it and how hard it is to catch or prosecute them due to the various jurisdictional issues and problems in the countries where most of these emails emanate from.

A common term for these is called PHISHING.

TMA

It is very difficult for anyone to provide you with financial advice without knowing a lot more about you. It could cost you a lot of money.

TMA

Unfortunately, I have pulled out of the new venture for now. It has been put on the back-burner and I have let the shop go. I am working on a few online ventures and specifically one with a good friend of mine which is taking up a lot of my time.

I think a quiet or struggling cafe would love to host a group of people. I for one would enjoy having food and drinks during the course of a casual get together. I am more than happy to travel to anywhere in Sydney for such a meeting. I love them!!!

TMA

Again, you totally missed the point. Offsetting is an ongoing benefit when used properly. You do not need large chunks of money sitting there as long as good cash flow is going through the account!!!

TMA