Forum Replies Created

Viewing 7 posts - 21 through 27 (of 27 total)
  • Profile photo of umeume
    Member
    @ume
    Join Date: 2008
    Post Count: 37

    hey richard, why the io loan and 100% offset? to get more cashflow?

    Profile photo of umeume
    Member
    @ume
    Join Date: 2008
    Post Count: 37
    NorwegianBlue wrote:
    I've survived the following end-of-the-world scares;

    Nuclear Winter
    Global Cooling
    Mass Starvation
    Acid Rain
    Y2K
    SARS
    Global Warming

    I expect to survive Climate Change and Peak Oil as well.

    lol

    Profile photo of umeume
    Member
    @ume
    Join Date: 2008
    Post Count: 37

    and would i be too greedy if i hoped for a 90% LVR?

    Profile photo of umeume
    Member
    @ume
    Join Date: 2008
    Post Count: 37

    thanks for the response. yeah its for PPoR and IP in the future.  my plan was to buy an apartment in inner city and rent out a room and it'll be much more convenient for me to travel to uni. i dont know how true this is but it seems the general belief is sydney has recovered from its slump and ready for another rise. but i'll definitely do more research. thanks again Marc

    Pat

    Profile photo of umeume
    Member
    @ume
    Join Date: 2008
    Post Count: 37

    so does that mean if i take a 80% LVR loan then i have no access to the 20% i inititually put in? unless i get the property re evaluated later down the track?

    Profile photo of umeume
    Member
    @ume
    Join Date: 2008
    Post Count: 37

    and i second madproperty that criticising someone on their success is just low… rather do something productive and positive! true that the methods mentioned in steve's book might not work/work as well in today's property markets but its not the actual method step by step u want to copy, more or rather its the way of thinking and the foresight you want to learn… sigh  life is too short to be skeptical

    pat

    Profile photo of umeume
    Member
    @ume
    Join Date: 2008
    Post Count: 37

    hey all, just following on from mikeking's question on the benefits of trust, what about incorporating say using a Ltd. company structure, wouldn't that have more flexibility than the trust structure and at the same time giving you more control if ur the sole director?

Viewing 7 posts - 21 through 27 (of 27 total)