Worm replied to the topic Advice on moving forward? in the forum Help Needed! 8 years, 11 months ago
If you are considering re-financing I suggest you look at EasyStreet – they are doing 3.99% investment loan. The lower the rates the quicker you can pump extra cash into you PPR. I don’t work for them I’m in the middle of refinancing with them now.
Good luck. Don’t let that be your last purchase.
Worm replied to the topic Serviced apartments in the forum Help Needed! 8 years, 11 months ago
I have a Quest apartment. Purchased in my SMSF – it was 300K for a 2 bed, 2 bath. It is rented back to Quest for 26K per year. The lease ends in 2025 at which point it could potentially be back on the open market as a normal apartment. It will be worth a whole lot more then. This is not my only Property – it’s part of a balanced growth vs cashflow…[Read more]
Worm replied to the topic Serviced apartments in the forum Help Needed! 8 years, 11 months ago
I have a Quest apartment. Purchased in my SMSF – it was 300K for a 2 bed, 2 bath. It is rented back to Quest for 26K per year. The lease ends in 2025 at which point it could potentially be back on the open market as a normal apartment. It will be worth a whole lot more then. This is not my only Property – it’s part of a balanced growth vs cashflow…[Read more]
Worm became a registered member 8 years, 11 months ago