All Topics / Help Needed! / Buying Investment property

Viewing 11 posts - 1 through 11 (of 11 total)
  • Profile photo of Blake Buchanan

    hi all,

    It is time and I am seriously considering a second purchase. My friend told me about the investment home owners grant, I have not heard of it before and was wondering if am i entitled to it? 

    Any help would be great

    Profile photo of Richard Taylor

    Dont listen to your friend there i no such thing.

    Richard Taylor | Australia's leading private lender

    Profile photo of Blake Buchanan

    Well there is a website for it. I contacted them today, waiting for a response.

    Profile photo of SHalesSHales
    Member
    @shales
    Join Date: 2007
    Post Count: 325

    Have you a link?
    S

    Profile photo of TracyD

    Yes please provide a link for this, as there is no such thing. If a website is offering it, then they need to be investigated!

    Profile photo of cu@thetopcu@thetop
    Participant
    @cu-thetop
    Join Date: 2007
    Post Count: 36

    Sound's like your friend is blowing a bit of smoke up your arse……Unless Rudd has abandoned his roots to look after the big end of town.

    Profile photo of Richard Taylor

    Blake without being funny is this another scam.

    There is no such thing.

    Next you will be telling us your friend has applied and received the Grant.

    Richard Taylor | Australia's leading private lender

    Profile photo of red123nzred123nz
    Member
    @red123nz
    Join Date: 2007
    Post Count: 73

    I think your friend is probably right but got it confused with first home owners grant … hence why taking free advice from your friends is not the best way mate :)

    For the most independent and correct advice get a good accoutant and lawyer/solicitor/attorney ( whatever they call it in aussie).

    Make sure you do your due diligence

    Cheers

    Sean

    Profile photo of Blake Buchanan

    um http://www.investmentgrant.com.au

    spoke to a guy yesterday, told me it was a private offer. Still sounds good though

    Profile photo of TracyD

    I have looked at the website.  Looking through the T&C's you need to borrow over $450k to be eligable for the grant, also you have to use their mortgage broker etc..
    It is no different than using a buyers agent that you pay fees to, to find you a property. They may be giving you 2K rebate, but what are you paying them extra to do so?
    In summary: A private company using a sneaky marketing strategy to lure inexperienced investors.
    I also dont think they should be using  the term 'Grant' as it gives the impression the government are behind it.

    Profile photo of Blake Buchanan

    Only borrowing 230k, he said that I can use my bank (CBA) and get $1,000.00 rebate.

    I am going to give it a go

    let you know what happens

Viewing 11 posts - 1 through 11 (of 11 total)

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