Search found 7 matches

by penalcolony
Tue Aug 04, 2015 4:00 pm
Forum: Home Loan Forum
Topic: What’s an ideal deposit amount to buy my dad’s house?
Replies: 7
Views: 8266

Re: What’s an ideal deposit amount to buy my dad’s house?

Cool. My parents owe $150,000 on their $490,000 property. So this means I can have access to $340,000 equity… That’s really a great thing for me since I was thinking of investing in another property later on. Thanks :)
by penalcolony
Sun Aug 02, 2015 10:45 am
Forum: Home Loan Forum
Topic: What’s an ideal deposit amount to buy my dad’s house?
Replies: 7
Views: 8266

Re: What’s an ideal deposit amount to buy my dad’s house?

Hi everyone, I’ve been wrestling with the idea of buying my parents’ place but I’m not sure if I should do it or not. I went through this thread to get an idea of what I’d be getting into if I made a favourable purchase. Everything seemed quite good but what interested me the most is instant equity....
by penalcolony
Fri Apr 17, 2015 3:01 pm
Forum: Home Loan Forum
Topic: Australian expat in the US inquiring about a mortgage
Replies: 7
Views: 5741

Re: Australian expat in the US inquiring about a mortgage

Thanks again, Otto. That extra info about the amounts that I can borrow was really helpful. I was about to ask that next but you answered before I could. I haven’t really decided on anything yet so I won’t be calling in right now. When I do come to a decision, I’ll be sure to call your office to dis...
by penalcolony
Thu Apr 16, 2015 8:10 pm
Forum: Home Loan Forum
Topic: Australian expat in the US inquiring about a mortgage
Replies: 7
Views: 5741

Re: Australian expat in the US inquiring about a mortgage

Thanks for the quick reply. I’m so glad that I’ll get treated just as if I were there. I was initially planning on buying a residential property but I’ve been considering the prospect of buying a commercial property instead. That is possible though, right? Or is that not allowed to expats?
by penalcolony
Thu Apr 16, 2015 1:53 pm
Forum: Home Loan Forum
Topic: Australian expat in the US inquiring about a mortgage
Replies: 7
Views: 5741

Australian expat in the US inquiring about a mortgage

Hey there, I was born and raised in Australia but my family had to move to the US before I joined college. I’m loving it here but I really enjoyed growing up down under and I’m fairly certain that I’ll be coming back home in a couple of years. I understand that I’m an expat but I also know that beca...
by penalcolony
Fri Apr 03, 2015 5:18 pm
Forum: Commercial Loan Forum
Topic: Can I get a loan to purchase a petrol station?
Replies: 7
Views: 19254

Re: Can I get a loan to purchase a petrol station?

Thanks for the detailed info, Otto. I didn’t think you’d reply within a few hours. I’ll pass on this knowledge to my brother. I’ll also ask him to go through your website to learn more about this before taking any hasty actions. Thanks again! Have a great weekend!
by penalcolony
Fri Apr 03, 2015 11:27 am
Forum: Commercial Loan Forum
Topic: Can I get a loan to purchase a petrol station?
Replies: 7
Views: 19254

Re: Can I get a loan to purchase a petrol station?

Hi home loan experts, I’m here because of my younger brother. He came to me last week saying that he’s planning to invest in a service station. I’m happy that he wants to do his own thing but sometimes he rushes into making decisions. That’s why I’m doing some research for him. This thread has helpe...

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