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Viewing 7 posts - 1 through 7 (of 7 total)
  • Profile photo of sally1sally1
    Member
    @sally1
    Join Date: 2003
    Post Count: 11
    December 3, 2003 - 10:16 am

    thanks shnook &risky they are all open lines of credit can pay more than the interest component which i do only to the tune of 15/ 20 $ per week each prop your ideas make a lot of sense will be seeing my a/c and lender very soon
    cheers chris

    Profile photo of sally1sally1
    Member
    @sally1
    Join Date: 2003
    Post Count: 11
    October 28, 2003 - 10:29 am

    spreadsheet i made i am more than happy to send it to you via email, i would love to get some comments on it!

    Thanks all
    Fudge111[:)]

    [/quote]hi fudge we would love a copy kind of you to offer [email protected]

    Profile photo of sally1sally1
    Member
    @sally1
    Join Date: 2003
    Post Count: 11
    October 28, 2003 - 9:14 am

    quote:

    Find another lender.

    There are lenders out there who will be more receptive to your strategy.

    Use a broker experienced with investors using your strategy – he/she will quickly point you towards an appropriate lender.

    Cheers,

    Simon Macks
    Mortgage Broker
    [email protected]
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    thanks simon was thinking along same lines cheers been with these guys 10yrs thought loyalty would count for something are you that broker?

    Profile photo of sally1sally1
    Member
    @sally1
    Join Date: 2003
    Post Count: 11
    October 22, 2003 - 9:07 am

    quote:

    I am still hoping to try & find anyone interested in starting a Property Investers Club on the Central Coast of NSW.Sourcing +cash flow properties as a priority.Could Mr or Mrs Motivated please call me .Wayne 43 445770 or [email protected] Thanks Lynchy

    hi lynchy there is the investors club based in qld they have support members in your area as well as the rest of aussie ive bought 3 ips through them they arrange finance ips etc check them out ay http://www.investors club .com.au yr local contact would be terry mckinnon 0419997683

    Profile photo of sally1sally1
    Member
    @sally1
    Join Date: 2003
    Post Count: 11
    October 19, 2003 - 4:38 am

    hi mh no lodoc loan interest only open lines of credit ncle perm bdlg soc hope this makes sense regards sally1
    Sally,

    All lenders will lend on 20% depending on serviceability.

    I wonder if you are describing a LODOC loan where your income does not have to be substantiated?

    Can you be a little clearer with your question?

    Cheers,

    Simon Macks
    Mortgage Broker
    [email protected]
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

    [/quote]

    Profile photo of sally1sally1
    Member
    @sally1
    Join Date: 2003
    Post Count: 11
    October 14, 2003 - 8:12 am

    [:D]

    quote:

    Hmmmm okay… this is a tough one but I have heard that the following are selling properties under 50k some under 40k. Check these suburbs out but please remember to think why they are selling them this cheap – has the one and only major business just left town? Has the local gang beefed up their businesses in the area, are all the youth moving out to go to the big smoke.

    Lots of questions to find answers to – there maybe people on this forum who are traveling to NZ soon so maybe you can come to some arrangement with them to help you understand more??? I will let those people contact you.

    Towns to check:
    Tokoroa
    Kawerau
    Woodville

    Gore – too bloody cold if you ask me!

    hi im going to nz 1st nov and tokoroa is 40 odd k from hamilton where im staying with my folks will check it out kind regards chris hope i havnt screwed this msg up

    .

    http://www.propertytalk.co.nz/modules.php?name=Content&pa=showpage&pid=45

    Profile photo of sally1sally1
    Member
    @sally1
    Join Date: 2003
    Post Count: 11
    October 14, 2003 - 8:05 am

    [:D]

    quote:

    Hmmmm okay… this is a tough one but I have heard that the following are selling properties under 50k some under 40k. Check these suburbs out but please remember to think why they are selling them this cheap – has the one and only major business just left town? Has the local gang beefed up their businesses in the area, are all the youth moving out to go to the big smoke.

    Lots of questions to find answers to – there maybe people on this forum who are traveling to NZ soon so maybe you can come to some arrangement with them to help you understand more??? I will let those people contact you.

    Towns to check:
    Tokoroa
    Kawerau
    Woodville

    Gore – too bloody cold if you ask me!

    Best regards

    Marc

    P.s if you have no idea (like me) where these places are try the NZ map I have on the web site.

    http://www.propertytalk.co.nz/modules.php?name=Content&pa=showpage&pid=45

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