Total Members: 159,188

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, 6 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, 6 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, 6 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, 9 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, 9 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, 9 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, 9 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, 9 months ago

    Hi Les, I would be keen. Vin

Vin Morgan

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