Hi Tarek – Loan B will be covering the deposit.As the I.P will be in fiancees name, does anyone have any ideas of how him & I can draw up a document saying that the property is mine too? I know a lawyer can do that, but I thought to save money we could write a letter and sign between ourselves.

I was totally lost with Tarek's response.Thanks everyone & Jamie for your input.  

ok, will do & thank you Terryw.

Hi Terryw – I looked forward to that day happening & when it does, then it would be more beneficial in my name.What would you suggest?

Thank you Jamie M.Is there an obvious way that I can tell if the mortgage broker is going to cross them?

Finally getting the balls to do something instead of reading all about it – I'm meeting with an accountant tonight to chat about the best structers for us and then the mortgage broker on 13 January for pre approval.yippe – very slowly, but I'm still here and very keen.

Shape – Yes, I am on the search for my first I.P. I've been leaning more on the strategy of buy & hold, but i noticed this house in Wyndham for $265k that has caught my eye and thought maybe a buy/ renovate/ build/ sell might be a good idea and use the money to pay off my PPOR.hrub – thank you. Tomorrow is an open day & i will ask for the s…[Read more]

My update for 2011 goals: 2 OUR OF 3 COMPLETE.1. Looking and aiming to buy my first IP                         STILL LOOKING – SCARED TO TAKE THE LEAP.2. Hoping the other half proposes to me (haha)           ENGAGED!!3. Trip to Thailand or Coburg (N.T)                                  WENT TO COBOURG, NT FOR A WEEK.

50/50. If we had enough money, i would hope that one day we would rent it otherwise we would sell it.CBA said that i would want to keep it as is to pay more money off the loan for the mean time and then change it later if i decide to rent it out.

My partner and i have since deceived that we will stay in our PPOR for about another 2-5years.I met with the bank and they mentioned that i can switch to IO with no charge, however they recommended to stay P&I and when i purchase my first IP to ensure that that loan is IO.

Hi Mr Las Vegas,Geraldton was listed in the API magazine for March as part of the '20  Hotspots primed to benifit from major infrasturcture projects'. Various comments made by Terry Ryder:- Geraldton and surrounding mid west towns will particular benefit – is already a solid regilanl centre- prospects of getting the $2.5bil Square Kilometer Array…[Read more]

Thank you Jamie.

My Goals for 2011:1. Looking and aiming to buy my first IP 2. Hoping the other half proposes to me (haha)3. Trip to Thailand or Coburg (N.T)

Hi Tiffany,I am a newbie as well and have been following this site for a few months now and have since learnt quite alot.Also reading various books and magzines has/ is very helpful.I've noticed that Steve McKnight has a two investor breifing comming up and Terry Rider has a "First steps to becomming a property investor' seminar. I am quite i…[Read more]

Thank you JacM.

That is very helpful JacM.Everyone keeps mentioning 'make sure the numbers work'. But I'm a little confused as to how to calculate my numbers.Is anyone able to shed any light on this formula?

Thank you Paul..I have searched through past posts and it appears http://www.lanteri.com.au/ and http://www.gatherumgoss.com/about-gatherum-goss/our-locations/ are recommeneded.