for an investor wanting to put up the 2.5m what does it mean to have the IP coded / non coded? like pros and cons?

Thanks guys very helpful!

Please message me offers*

how do you find out what the vacancy rate is for an area?

Hi Hamish,

I want to invest in Victoria because I live in Victoria and i want to make profit and experience from investing in property…

Also what other issues need to be addressed following a loan approval to assist with the loan settlement?

Hi PLC,

That's really interesting, Is there any other documents you might have to blacken out? and when you email them to the lender, which department would you email them to / contact?

Cheers, Tom

oh ok, thanks Jamie!

Also how do you normally submit the documentation to the lender in an appropriate manner to protect client confidentiality? 

HI Jamie thanks for your reply i was wondering when you said that they compile their documents is this as in getting a pre-approval ready for you? or is that something different?
Also when you write the application do you mean you just fill in a application from the specified bank that you're trying to get the loan from or is there universal…[Read more]

Thanks guys. much appreciated. ANZ was just for etc. in general was asking about all banks. basically i want to be in a position where i have a pre-approval (for 400k etc) and then go to a house i like, and get a bank panel valuer to do a valuation on it (the same bank panel valuer from the same bank I'm get the loan from) and then give this to my…[Read more]

hey gobi,

you can go to the banks external dispute resolution scheme. which would either be..

http://www.cosl.com.au

http://www.fos.org.au

hoped this helped.

Hi Qld,

Thanks a heap for clearing that up for me, i had that idea on my mind for a bit.

ok well could i use a JV and vendor finance? for etc. 100% equity deal i sign a jv with the home owner. and then use vendor finance strategies to on sell to a buyer?

so i would be the joint venturer with the credit license, the home owner would have the…[Read more]

so i would be wrong to think that if i had a credit license and there was a house with 100% equity that i using my license could arrange a loan application as them loaning me the money?

i was thinking maybe it could work both ways

Cheers, Tom

Adding to that as well, me getting a credit license with my position now. couldn't i use it as a way to buy into properties? with 100% equity deals?

so maybe me not so much using vf for incoming buyers but more of a way for me to get into houses cheaply? 

Hi qld,

Thanks for your insightful advice, much appreciated. when you say

Also remember you need income outside of installment contract returns as lenders wont accept that without 2 years

do you just mean 2 years employment / income? excluding installment contracts.

and also my MAIN question which no one really answered yet. is do you have to…[Read more]