Total Members: 159,396

Vin Morgan

  • Vin Morgan replied to the topic New bank regulations on I O loans and property portfolio investors. in the forum Finance 7 years, 7 months ago

    A portfolio loan should be viewed like an overdraft in a business. Short term movements in amounts drawn within the limit then paid back within a short period. A portfolio loan would suit a flipper who is trading property within a 12 months period. Investors who hold, as Terry said should be opting for a term loan.

    All investors should be…[Read more]

  • Vin Morgan replied to the topic New bank regulations on I O loans and property portfolio investors. in the forum Finance 7 years, 7 months ago

    A portfolio loan should be viewed like an overdraft in a business. Short term movements in amounts drawn within the limit then paid back within a short period. A portfolio loan would suit a flipper who is trading property within a 12 months period. Investors who hold, as Terry said should be opting for a term loan.

    All investors should be…[Read more]

  • Vin Morgan replied to the topic New bank regulations on I O loans and property portfolio investors. in the forum Finance 7 years, 7 months ago

    A portfolio loan should be viewed like an overdraft in a business. Short term movements in amounts drawn within the limit then paid back within a short period. A portfolio loan would suit a flipper who is trading property within a 12 months period. Investors who hold, as Terry said should be opting for a term loan.

    Vin Morgan
    Mortgage Broker /…[Read more]

  • Vin Morgan replied to the topic No Money Down Strategies? in the forum Finance 11 years, 10 months ago

    I lend money in Melbourne to real estate investors who fix and flip or fix and hold residential real estate properties.  At times I can lend 100% of costs to buy the property and renovate. I am able to do this by taking a view on the after repair value of the property and when the property + renovation costs is purchased at a discount to after…[Read more]

  • Vin Morgan replied to the topic No Money Down Strategies? in the forum Finance 11 years, 10 months ago

    There are other "no money down" initiatives for active investors opposed to passive.

  • Vin Morgan replied to the topic Leveraging vacant land in the forum Finance 11 years, 10 months ago

    To reiterate what Terry stated above, can you service the additional loan with your current income – obviously there will be no additional income from the vacant land.  Further, what are your plans with vacant block over time?

  • Vin Morgan replied to the topic Investment property loan, unemployed, large deposit in the forum Finance 11 years, 10 months ago

    What are your plans Matagascar with regard to generating income?

  • Vin Morgan replied to the topic Free tickets YIP seminar in the forum Help Needed! 11 years, 10 months ago

    Hi Les, I would be keen. Vin

Vin Morgan

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
159,396

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!