Here's Nathan Birch's video on how to buy 10 properties quickly. Hope it helps

http://www.youtube.com/watch?v=PetqrCQqAg0&feature=share&list=TL3HGzMuz0yFL_6nwbfXR8UU_vCqT7bgOF

Hopefully things will go through for you at 95%. I know how it feels when you aren't getting much information back and you don't know exactly what's going on.

My fingers are crossed for you also and I hope it will be a good investment for you.

Will it be positively geared?

Hey Tommy,

There is a property search tool called Ripe House – RipeHouse.com.au

It allows you to do suburb analysis and find discounted properties. It also shows how long these properties have been on the market for.

The problem with a sellers market is that properties that have been on the market for a long time are generally only there…[Read more]

As everyone else has said it probably isn't ideal renovating from the other side of the country.

A friend recently bought a house in Port Hedland (WA) and he lives in Sydney. It was a renovation job and Port Hedland is pretty remote so you can't exactly just pop down to your local bunnings to pick up supplies.

To get this done he paid a friend…[Read more]

Why do you want to go a one-stop-shop?

You need to be aware they tend to take a cut on almost everything – Land, House Build, Mortgage etc – which means they have a vested interest in selling you the property that makes them the most money.

If you really need help you would be better off paying for the help of a Buyer's Agent who can find the…[Read more]

I have heard of people working overseas for cash…

What attracts you to the area?

Have you researched the capital growth over the last 5-10 years?

What is the rental yield you would achieve on the property?

Is there population growth in the area?

What are the demographics of the area?

All these things are important to know before making an investment decision.

Ryan…[Read more]

How do you know you will get $525,000 for the property when you sell it?

Make sure you research the area and find out if there are large differences between renovated and unrenovated properties. If there is a large difference then you might get the return on investment you are looking for.

But if there is not much difference between renovated…[Read more]

Remember "If it sounds too good to be true it probably is".

If the agent selling the property to you is also going to manage your subdivision and development I would tread carefully.
Agents get a commission for selling a property and thus have a vested interest if the sales goes through. They could then back out on the development side of…[Read more]

A few questions so I will try to answer them as best as possible.

1) An Australian bank should be able to loan you the money as long as you have been claiming your income. You usually need to prove (at a taxation level) how much income you earned. If you're not declaring income this will be difficult.

2) Interest Only loans are definitely…[Read more]

I myself would HATE to be paying body corporate for a HOUSE!!! That is one of the reason I don't like investing in units. Less control over your property and more costs…lowering your cashflow.

Ryan McLean
http://CashFlowInvestor.com.au

There are benefits to both.

OLD HOMES – By purchasing an older home and renovating you can often buy below the market rate, but then get a good rental return after the renovation. This can lead to increased rental yield and can help you to earn a positive cash flow faster.
By renovating you may also be able to increase the value of your home…[Read more]

Yeh I thought so. I haven't taken an indepth look into banks lending habits on land or construction. I have heard of a few people getting 95% loans on house/land packages.

I had heard that once you have money in your bank account for 3 months banks count it as 'genuine savings' so I wondering if after you purchased the land and got the $15,000…[Read more]

I have also looked into this in the past and you can secure 97% finance but that is with a 5% deposit. The 2% covers LMI (lender's mortgage insurance) and it is very difficult to get around this. Keep slogging away and keep saving up your deposit so you can buy that house.Only 2% to go!!!!!Ryan McLeanHow To Save For A House Fast

Saving a deposit is key. I wish it wasn't (because it would be so much easier) but it is. For good reason too!If you can't afford to save a deposit and you are investing without a deposit then your risk of financial loss is increased dramatically. Mix that with inexperience in property and you have a disaster on your hands.There are ways you can…[Read more]

I know that they sell properties and I haven't heard anything back about their service. I definately don't think they are a scam.Haven't heard much about their information/education though. Maybe try giving them a call to arrange a time to see someone.Ryan McLeanFree eBook "How To Find Positive Cash Flow…[Read more]

As already mentioned above. It should be fine to claim on the entire $780k, just as long as it is all for investment purposes.Imagine if your property was a business. You would only be able to claim expenses relating to the business. You couldn't claim completely unrelated expenses. It is the same with property.If you think that an expense needs…[Read more]

@Catylst – That was exactly what I was thinking. "Why are there two vague, but positive, messages about this company from first time posters. Both with an underscore in the middle of their name?"Maybe some sneaky marketing tactics at play here.Ryan McLeanFree eBook "How To Find Positive Cash Flow Property"http://CashFlowInvestor.com.au

The 110% fees for leasing the property to a new tenant. This sucks when you change tenants every 6-12 months.Ryan McLeanFree eBook "How To Find Positive Cash Flow Property"http://cashflowinvestor.com.au

As Jamie mentioned speak to your Solicitor or Lawyer. Have they actually broken any laws or intentionly misled you or given you incorrect information?It is possible to add things into your contracts such as a clause where you only have to purchase the property if, on completion date, it is valued at the purchase price or higher. Then if it falls…[Read more]