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  • Profile photo of Robert11Robert11
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    @robert11
    Join Date: 2010
    Post Count: 7

    Good Evening  Dellas
                                    I live in mellington estate which is joining to marriot waters i also have an investment property in both which i purchased a few years ago and i would not reccomend purchases in this estate now as it is almost fully developed.                                                                                                                                                                                                                                       I would reccommend you look at a newer estate in the area like ambrose or quarters estate the land is alot cheaper and you will get better capital growth if you are looking to invest in an estate you need to look at trying to get in to the estate early as in stage 2 or 3 (1 is usually for display village) the earlier you get in the cheaper the land will be

    Profile photo of Robert11Robert11
    Participant
    @robert11
    Join Date: 2010
    Post Count: 7

    thanks for your response terry yeah it is hard to get my head around everything but hopefully with the right guidance i will get there. There is so much useful information on this website it is just a shame that i didn't find it 10 years ago i think if i had of i would have been in a much better position now

    Robert

    Profile photo of Robert11Robert11
    Participant
    @robert11
    Join Date: 2010
    Post Count: 7
    Profile photo of Robert11Robert11
    Participant
    @robert11
    Join Date: 2010
    Post Count: 7

    also with io loans one thing i am troubling to comprehend everybody says that you will be about 300000 better of over 25 years but do they factor in the extra 250000 you will pay in interest

    Robert

    sorry that was meant to be 250000 in

    Profile photo of Robert11Robert11
    Participant
    @robert11
    Join Date: 2010
    Post Count: 7

    also with io loans one thing i am troubling to comprehend everybody says that you will be about 300000 better of over 25 years but do they factor in the extra 250000 you will pay in interest

    Robert

    Profile photo of Robert11Robert11
    Participant
    @robert11
    Join Date: 2010
    Post Count: 7

    thanks heaps guys the 2 investment loans are with rams and the other is with nmmc. i thought this was the case i will change mortgage brokers straight away i will talk to sage lending is it best to talk to a broker or a financial planner and does anybody else have any suggestions for who i should contact

    Robert

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