Perhaps you mean with cash advance.

There’s a fundamental you’re probably missing.

http://m.yourmortgage.com.au/article/how-to-get-your-credit-card-debt-under-control-79362.aspx

You can’t keep borrowing on credit and get a loan, eventually the banks will refuse.

He does have some good fun easy to understand you tube videos for beginners. Like many though I don’t know that I’d get the value out of any paid educational stuff if he even offers that. Sounds like he’s more targeted to making deals.

Thanks Terry that’s great to know.

Hey thanks everyone,

These are really good answers I appreciate it. I never realised how much more expensive LMI becomes. I’ll aim for 88%_90%.

That in summary is the Peter Spann leapfrog strategy. Feels a bit like the fitness fashion industry, bring back parachute tracksuit sand tai bo under a different name eh?

Read my olde mind

Haha sorry Terry!

Maybe worth a listen here for people who are still learning

http://www.thepropertycouch.com.au/ep-48-trust-capital-gains-tax-frank-azzopardi/

Thanks Pascoe,

Yes it does, I think 20% is a good number. Good to know it can be done. Now I’m off to find a $10 million property :) seriously though, it encourages me to try it a few times.

Thanks Ann, this helps answer both of my questions with a sophisticated approach.

Thanks Terry even better to know

And more here

http://www.yourinvestmentpropertymag.com.au/property-development/a-clever-trick-you-didnt-know-could-triple-your-rents-147500.aspx

Thanks for bringing this up. Here is a good article with some extra specifics

http://www.domain.com.au/news/how-much-value-does-a-granny-flat-add-to-a-property-20141028-11czgx/

insurance I really doubt it, but you could look at a few PDFs online to see what they cover. But it’s not going to be retrospective. For instance, if your house flooded three years ago you can’t get cover and claim for it now.

It depends on your plan, but if it’s rented all of that work can be claimed as a cost and depreciated with a quantity…[Read more]

Thanks for the artcile and further explanation Corey.

Thanks Corey and Terry for explaining the LMI I never knew there was a discount and this is a game changer for me, I’ve got an existing loan where I can probably access another $60,000 that I was afraid to use due to LMI. I didn’t realise there was a discount. Now I’m excited to use it.

I…[Read more]

Thanks again Terry you’re amazing.

@JLtarra I’m actually not going to answer your question, just like you haven’t answered mine.