Hi DaOne As we have done 2 properties in Newcastle that are positivley geared across the road from the university. I would suggest having a look around uni Victoria and checking out houses,how many rooms,can you turn extra living rooms into bedrooms and lease out per room.
Hi Richard So would i be better off selling and setting up again in trust,so as to use the trust as guarantor so we could do multiple properties and have some cash there from sales for deposits.
Hi there Richard yes i did get your message and lost your number and have been trying to find you this week. Thankyou for your call. Ok the position we are in at the moment is 1st loan $384k @7.18% 2nd loan $380k @7.35%. We are returning $1590 per week but the banks and brokers will not accept this at this point of time because was not shown on last years tax return (because we were not earning that much at that point of time) Interest only loan for 3 years (still 2 years remaining). Both properties are under guarantee. Is ther anything else you need to know. Thankyou Shaun
