Forum Replies Created

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of tb007tb007
    Participant
    @tb007
    Join Date: 2004
    Post Count: 4
    April 28, 2012 - 10:53 pm

    HI Everyone,

    Thanks for all the expert advise.

    CheersTB007

    Profile photo of tb007tb007
    Participant
    @tb007
    Join Date: 2004
    Post Count: 4
    April 26, 2012 - 1:58 pm

    HI Jamie,

     Thanks.  Its been a long time since I purchased an IP.

    The non cross collatoralisation is starting to sink in. 

    What are the features I should be looking for if not a portfolio/advantge saver type of loan?
    I ahve looked at State custodians; NAB homeside is also  offering cheaper loan.
    I have no other loans besides my current 100K on my 400k property?

    Thanks

    PS as far as trends go, James Bond has a lot to answer for as far as influencing pop  culture!

    Profile photo of tb007tb007
    Participant
    @tb007
    Join Date: 2004
    Post Count: 4
    April 26, 2012 - 1:26 pm

    Hi  qlds007,

    Thanks for responding to my call for help –  really appreciate it. 

    I intend to use my existing Investment property as collatoral.  My PPOR will be not be used as collatoral . I intend to use 100 % offset facility –  thinking of st George portfolio  –  advantage saver-  They have offered cheaper  discount .

    I was thinking of refinancing from CBA to my new lender .
    Are you suggesting I have 1 loan with CBA  and use equity from there to put towards  the new investment and another with a new lender?   Total three loans ?
    I am assuming if i have a loan like STG Portfolio line of credit loan (6.7 somthing %) that any of the splits under it will be cross collatorailsed?

    Thanks againe

Viewing 3 posts - 1 through 3 (of 3 total)