Thank you for the reply Richard.

I would recommend using a PM.

Thanks Jamie.

Hi Jamie

I want to switch to interest only to improve cashflow.
The loan is currently with NAB and I am not working fulltime and my loans are a bit in arrears but I believe I will get through.

Thank you

Nathan

Hi Richard

I have to do my taxes before the accountant will sign the accountants declaration for the other property that I am refinancing. This same accountant is doing my tax returns for me.
I'm afraid that by the time the first loan settles the rent on my second property would have dropped thus leaving me in a position we I could not qualify…[Read more]

Ok. Property Lawyer would be the best option.
Does anyone know any lawyers in Perth who specialise in property options?

Thanks heaps

Hi Everyone

Can someone talk to me about personal loans please? Both secured and unsecured?

Thank you

Nathan

Hi guys
Thanks for the replies.
Yes, it is just me. No visitors, customers or any of the sort.
But I’ll give council a call just to make sure.
Thanks for the heads up.
The General

Trust in God.

Thanks Guys!

Thank you Terry for your thoughts.

Thanks for the responses guys. They have sent me off in the right direction.

I'm sorry. I read the whole post including Terrys links. What am I missing. How can the loan repayments drop from $400p/wk to $52p/wk when the same loan amount still exists and the interest rate is roughly the same? And how can one pay off $140k with a $650p/wk rental and a $100k line of credit? (One must remember that I am sure that there are…[Read more]

Damn you Richard.You just shattered my hopes and dreams.I was planning to park some money I have into those elusive Myer shares.I guess I'll just have to keep on doing what I've been doing.lolRegardsNathan

Hi RichardSorry about the late reply.Yes, obviously I would have it wrapped for more that what it is bought for to cover costs and to include, as you said, a decent profit margin. She is aware that there will be a mark up on the price of the property for our work and risk and she was still interested in going ahead. I understand where the profit…[Read more]

Richard,Yes, I believe she would use it. She did want to do renovations to the property and really really loves the placeand like I said she even went out and bought furniture for the place only to get knocked back by finance.As long as she (and her partner) are good on serviceability I dont see why this wouldnt work. I just dont know how to put a…[Read more]

Thanks Richard.-Nathan

What does rta stand for?I've tried looking it up on but cant find anything.RegardsNathan

We all sin.

…or he does not agree put in a condition of 25% escalation for the next 3 years… What does this mean? Regards