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]

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]

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]

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]

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

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?

What are your plans Matagascar with regard to generating income?

Hi Les, I would be keen. Vin