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※My wife and I are both teachers in our late 40s and we thought we had done well to build up a portfolio of five investment properties 每 then three years ago we hit a brick wall. We wanted to purchase a sixth property and the banks told us that our long term liability was too high and we could not extend our loans. You helped us to have the properties in our portfolio re-valued and to analyze our cash flow to prove that we could service a larger loan. Thanks to your expert knowledge, we now own nine properties 每 and it gets even better. With your help we are applying for rezoning of two of the properties as battle axe blocks and will obtain finance to build two more houses on the same land 每 so we should end up with 11 properties, doubling the value of our property portfolio within five years!
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M T, Beaumaris
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We are in our mid-50s and own a suburban fresh food business. We were paying off our residence and our retail premises and although we very much wanted to invest in a third property, the bank refused to extend the finance. Loanfor3properties changed everything for us by showing us how to use negative gearing and effective tax planning to prove to the bank that we could finance a sizeable loan. Today, only two years later, we are buying the three neighboring commercial properties and the best thing is that although our income has trebled through the rental of the properties, we are only paying 20% more tax! |
Mr. L. W. K., Richmond, VIC
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I am an accountant and my husband is a medical practitioner. We own a prestige home and had purchased two investment properties, but we did not feel we had the cash flow to finance further property investment. Loanfor3properties helped us to draw up an investment strategy that would enable us to use the equity in our home to raise a large enough bank loan make a down payment on two more investment properties, and still have enough left over in a cash management account to service the loan repayments . This is a short term arrangement only. We intend to renovate and sell one or both of the new properties within 5 years, using the capital growth to reduce our debt and increase our equity in the portfolio. |
Mrs. D. F, Brighton
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My wife and I are self employed and each own our own small business. We each have a house in our name. The value of the two houses is 1.75 million. We were fairly confident we could raise a loan against both properties to finance a third property, but were not sure how to structure the loan and concerned about the tax liability. Loanfor3properties not only helped us with all the loan formalities, but also advised us to buy the third property in the name of our 20 year old son, since this would minimize capital gains tax when we wished to sell the property. We now understand that knowing how you will sell the property is as important as planning how you will buy it. |
P L, Footscray
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My father and I are very active property investors 每 he has been buying investment properties since I was a child and has brought me up to do the same. We jointly own a portfolio of 8 properties and wish to increase it, so we signed offers to purchase three more properties and went to the banks we were dealing with for finance, expecting no problems. That was when we found out that none of our existing banks would advance us the money to complete these three purchases, and since settlements were only a month away, we were in big trouble! In desperation, we approached Loanfor3properties. They helped us make our application to another bank and succeeded where we could not 每 we got the loan and today we are buying the three new properties. |
| H C, Richmond |
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