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  • Profile photo of young.learneryoung.learner
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    @young.learner
    Join Date: 2003
    Post Count: 37

    thnx for your help guys, just have one last question, and that is how is stamp duty calculated?

    Profile photo of young.learneryoung.learner
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    @young.learner
    Join Date: 2003
    Post Count: 37

    i wanted to no, if you are paying ur interst only for 3 years, and then u decide to pay capital + interest, how much extra will u have to pay? suppose the loan was 100k and interest was 7%?

    Profile photo of young.learneryoung.learner
    Member
    @young.learner
    Join Date: 2003
    Post Count: 37

    oh rite, thanks for your help sis

    Profile photo of young.learneryoung.learner
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    @young.learner
    Join Date: 2003
    Post Count: 37

    u ppl, talk about 25% returns but where in the world do u find them??
    I have been searching all over the outskirts of Sydney!
    Please get bak to me

    Karan

    Profile photo of young.learneryoung.learner
    Member
    @young.learner
    Join Date: 2003
    Post Count: 37

    i would use your share in your house to show the banks that u have equity and take out a loan to buy about 4 or 5 houses with the 80k you have.
    Think about an offset account as well

    Karan

    Profile photo of young.learneryoung.learner
    Member
    @young.learner
    Join Date: 2003
    Post Count: 37

    personally, i don’t believe that an internet site would be able to predict the price of a property for five years. And if it can, i know for a fact, that it could not be accurate. Take this real estate boom we’ve had since ’92. The average appreciation for the past 11 years has been 140%, 43% more than predicted by professional real estate forcasters. It reasons like these, that i wouldn’e trust these type sites, but that’s just my opinion

    CYA
    Karan

Viewing 6 posts - 21 through 26 (of 26 total)