summerred replied to the topic first investment in the forum Help Needed! 14 years, 10 months ago
<snip> If so then certainly I would not use a LOC for you initial loan but look at either an Interest only or P & I loan with 100% offset account. By all means a investment LOC can sit behind this to be used to fund IP deposits. <snip>Richard, why would you not suggest a LOC for the initial loan? What's the difference between using an offset…[Read more]
summerred replied to the topic Brisbane – Young Family – Mitchelton or Chappel Hill? in the forum Help Needed! 15 years, 2 months ago
Hi, I live on the Ashgrove/Red Hill border & I can highly recommend Ashgrove, although you will find it hard to find a property in your price range here. I lived in Kenmore (next door to Chapel Hill) & moved from there about 10 years ago due to transport trouble. From what I hear it has become even worse over the years! I had been looking fo…[Read more]