Search found 41 matches

by masterandcommander
Thu Jan 15, 2015 3:43 pm
Forum: Property Investment Forum
Topic: Can I rent out extra rooms to pay a recent loan?
Replies: 7
Views: 70159

Re: Can I rent out extra rooms to pay a recent loan?

I had no idea we could make such claims! Your website seems to be very informational but I definitely need more advice on what I need to do, which is why I’m planning to hire your services. I’ll give you a tingle in the arvo the day after tomorrow. Talk to you soon.
by masterandcommander
Tue Jan 13, 2015 2:04 pm
Forum: Property Investment Forum
Topic: Can I rent out extra rooms to pay a recent loan?
Replies: 7
Views: 70159

Re: Can I rent out extra rooms to pay a recent loan?

Hi, Otto. Thanks for the swift response. You mentioned that I may be able to deduct certain expenses. Could you be more specific?
by masterandcommander
Mon Jan 12, 2015 9:43 am
Forum: Property Investment Forum
Topic: Can I rent out extra rooms to pay a recent loan?
Replies: 7
Views: 70159

Can I rent out extra rooms to pay a recent loan?

Hi,

My son moved out of the house last month and I’ve got two rooms that are lying empty. I don't want them to go to waste so I’m looking to put them up for rent.

You see, I’m currently repaying a loan that I took out a few years back. I want to know if I can use the money from renting out the rooms to repay the loan. Also, what things do I need to consider before renting out the rooms?
by masterandcommander
Mon Dec 29, 2014 3:21 pm
Forum: Home Loan Forum
Topic: Can I get a home loan with a new job?
Replies: 7
Views: 9411

Re: Can I get a home loan with a new job?

Okay, thanks for this. I will call you next week to discuss about my situation in more details. Bye and speak to you soon! :)
by masterandcommander
Mon Dec 29, 2014 12:12 pm
Forum: Home Loan Forum
Topic: Can I get a home loan with a new job?
Replies: 7
Views: 9411

Re: Can I get a home loan with a new job?

Hello, I am also thinking about buying a house soon and I need to borrow money from the bank to complete this purchase. The property is worth $560,000. I too recently joined a new office and I am still under the probation period. This means that I will not receive any additional allowance until I complete the six month probation period. The thing is that I don’t want to wait for the probation period to end to get a home loan. Will being in a probation period affect my chances of approval?
by masterandcommander
Tue Nov 25, 2014 2:13 pm
Forum: Home Loan Forum
Topic: Can a foreign investor get a mortgage in Australia?
Replies: 7
Views: 10449

Re: Can a foreign investor get a mortgage in Australia?

Thank you for your informative replies. I will definitely call you guys soon in order to start my home loan application process in Australia.
by masterandcommander
Tue Nov 25, 2014 12:54 pm
Forum: Home Loan Forum
Topic: Can a foreign investor get a mortgage in Australia?
Replies: 7
Views: 10449

Re: Can a foreign investor get a mortgage in Australia?

What is this FIRB and why do I need an approval? Could you please tell me more about that?
by masterandcommander
Tue Nov 25, 2014 11:10 am
Forum: Home Loan Forum
Topic: Can a foreign investor get a mortgage in Australia?
Replies: 7
Views: 10449

Can a foreign investor get a mortgage in Australia?

Hello home loan forum!

I have been thinking about buying a house in Australia as I have come to know that it will likely be a great investment. However, I am not sure how I should go ahead with the process. I am quite familiar to the process of getting a mortgage in the US, but I do not know if it is the same in Australia.

I would be extremely grateful for any information about this. Could anyone help me out here?
by masterandcommander
Mon Nov 24, 2014 11:13 am
Forum: Home Loan Forum
Topic: What will Australian house prices be after 10 years?
Replies: 7
Views: 10147

Re: What will Australian house prices be after 10 years?

Thanks. Could you also tell me what will I need to repay every month if I buy a house in 2024?
by masterandcommander
Mon Nov 24, 2014 8:12 am
Forum: Home Loan Forum
Topic: What will Australian house prices be after 10 years?
Replies: 7
Views: 10147

Re: What will Australian house prices be after 10 years?

Hi there,

It has been mentioned in this thread that the average house price in Sydney may be $1,824,280 in 2024. That is good for me, as I already own a decent house in Sydney. But what about the other cities? I have saved up some money for investing in another home, and I do not want to invest in Sydney again.

So could someone tell me the predicted prices in other cities after a decade?
by masterandcommander
Wed Oct 08, 2014 2:01 pm
Forum: Home Loan Forum
Topic: Can I use my superannuation as deposit on my home loan?
Replies: 7
Views: 10331

Re: Can I use my superannuation as deposit on my home loan?

Thank you for the information. I am contacting you guys directly.
by masterandcommander
Wed Oct 08, 2014 12:32 pm
Forum: Home Loan Forum
Topic: Can I use my superannuation as deposit on my home loan?
Replies: 7
Views: 10331

Re: Can I use my superannuation as deposit on my home loan?

I don’t really care what type of loan I get as long as I do not have to provide any deposit! Could you please tell me something more about this home equity loan?
by masterandcommander
Wed Oct 08, 2014 10:12 am
Forum: Home Loan Forum
Topic: Can I use my superannuation as deposit on my home loan?
Replies: 7
Views: 10331

Can I use my superannuation as deposit on my home loan?

Hello home loan experts!

I am from Melbourne and I have been working for the same company for almost 10 years. My three children have moved out and I want to buy a smaller house. I plan on moving into the new house and renting out my current residence.

However, I don’t have enough savings for the deposit on the house. The only savings that I really have is my superannuation. I was wondering if I would be able to put that as a deposit. Does anyone have some idea on this?
by masterandcommander
Tue Sep 02, 2014 1:26 pm
Forum: Home Loan Forum
Topic: Regarding a professional package feature on a home loan
Replies: 7
Views: 10263

Re: Regarding a professional package feature on a home loan

Thank you so much, Otto. You’ve been a great help to me. I checked out your website and bookmarked it because it is very informative. I’m pretty sure I’ll be calling you by the end of this week to discuss my plans. Talk to you soon.
by masterandcommander
Mon Sep 01, 2014 1:47 pm
Forum: Home Loan Forum
Topic: Regarding a professional package feature on a home loan
Replies: 7
Views: 10263

Re: Regarding a professional package feature on a home loan

Yes, my loan is more than $250k. This makes me even more excited about getting a professional package. Hey Otto, can you also tell me about the professional packages that are offered by different lenders?