All Topics / Help Needed! / structure

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  • Profile photo of JonJon
    Participant
    @wealthyjvd
    Join Date: 2008
    Post Count: 175
    April 9, 2009 - 4:28 am

    hi guys,

    me and the mrs are ready to buy at the moment, and are organising pre appvoval.

    what is the best way to structure our incomes..

    we get paid fortnightly, have a credit card each, a joint savings account…

    we plan to live in it for 6 months, then rent it out..

    whats the best financial structure for this?

    cheers

    any help!!

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    April 9, 2009 - 6:01 am

    Have you already applied for a pre-approval.

    If so you be limited to whatever the lender you have approached can offer.

    Often having the best structured loan with the lender you have your current existing banking arrangements may not be the suitable option so usually matter of selecting the loan and structure and the sdavings account and credit card can follow.

    Richard Taylor | Australia's leading private lender

Viewing 2 posts - 1 through 2 (of 2 total)

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