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  • Profile photo of schutzyschutzy
    Member
    @schutzy
    Join Date: 2003
    Post Count: 3
    September 1, 2003 - 10:41 am

    Steve,
    The eleven second rule applies to this investment.
    You know the tennants – good ol Mum and Dad.
    Your next step should maybe get a valuation done on your new IP – get a line of credit on this, providing you have paid under market value – you are already in front as to providing youself with more equity to purchase another PI.
    Well done.
    Schutzy[8D]

    Profile photo of schutzyschutzy
    Member
    @schutzy
    Join Date: 2003
    Post Count: 3
    September 1, 2003 - 10:26 am

    quote:

    That sounds like Aussie Home Loans(broker), they are slack !, late settlements, and even when the property is fully paid, they neglected to remove the hold on the title !.

    Any good ones ?
    So far ANZ is in the lead…. [:0)]

    Would like to add to this list but in the positive sense – We have used Bank SA for some five properties ( all settlements fantastic, all documentation correct, titles and monies always on time, (Country SA) great staff too…[8D]
    ING Bank for finance – excellent.
    Eastern Equity in Adelaide – fantastic service and advice – really puts the edge on PI’s.[:D]

Viewing 2 posts - 1 through 2 (of 2 total)