you have all been very helpful, thank you… I think the threshold limits would be handy to know, and it looks like something PI should highly consider when purchasing IP. Will look into the websites Angel, thanks.

Popped into hsbc today. They have a very competitive introductory rate 1.75% off base variable for 12 months.Also 0.7% off stanard variable after 12months. Have to stat with them for 3 years. Anyone had experience with hsbc?

I remember 105% mortgages several years back. If I remember correctly there interest rates are significantly higher. I also found out today that you will pay ~3k extra on mi if you cap it.

Who is offering 90% LVR with no LMI?

I have read a recent article explaining how people who purchase a PPOR and then transfer it to an IP, are to some extent taking advantage of a small loop hole within the system. Its designed  for people who need to move for work related purposes etc.I am unsure how they can regulate this, or if it's regulated at all, but looks like a good str…[Read more]

I think you can do this. I have found a lot of lenders dont like you taking out IO loans for PPOR, this isnt to say it cant be done. You can also avoid CGT if you move back into your investment property within 6 years. You just need to live in it again for atleast 6 months  and not purchase another PPOR. Remember stamp duty excemption is only up…[Read more]

Correct me if im wrong. The big 4 banks are really the only people in control of where property values are heading? I feel there is some form of control that needs to be regulated in the housing market. It;s absurd to think property can just keep going up.IMO, i think banks will start to lower their valuations with the anticipation of interest…[Read more]

What would you define as being far from the cbd? I see potential on a unit as I think they will hold there value better than a house over the next 2 years. I can also create more equity this way. I would much prefer a house but am purely trying to capitalise on my equity in the shortterm. My goal is to get the most I can within a 3 yr period. I…[Read more]

I have spoken very breifly about using a line of credit with a broker, he suggested it was a good idea to buy investment property. I am looking for feedback about using a line of credit on my first home as the deposit which i saw discussed by someone else in the thread.  The scenario goes.I want to buy a property for ~500k – 20% desport is 100…[Read more]