PropertyInvesting.com | credithub | Activity https://www.propertyinvesting.com/members/credithub/activity/ Activity feed for credithub. Thu, 06 Nov 2025 10:25:45 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d32c76a41ca49c66c196c33052744f14 credithub started the topic Securing a Difficult Mortgage Approval: An Unconventional Approach in the forum Finance https://www.propertyinvesting.com/topic/5115270-securing-a-difficult-mortgage-approval-an-unconventional-approach/ Wed, 08 Oct 2025 04:22:42 +0000 When standard mortgage approval routes hit a wall, sometimes creativity and flexibility become the key to success. One unconventional approach we’ve used involves leveraging non-traditional income sources and re-structuring financial profiles to better fit lender criteria.

How It Differs From the Standard Process:
Typically, mortgage Brokers…[Read more]

]]> 019cdab3e4a2cdb726528f7431587c47 credithub started the topic Securing a Difficult Mortgage Approval: An Unconventional Approach in the forum Finance https://www.propertyinvesting.com/topic/5115270-securing-a-difficult-mortgage-approval-an-unconventional-approach/ Wed, 08 Oct 2025 04:22:42 +0000 When standard mortgage approval routes hit a wall, sometimes creativity and flexibility become the key to success. One unconventional approach we’ve used involves leveraging non-traditional income sources and re-structuring financial profiles to better fit lender criteria.

How It Differs From the Standard Process:
Typically, mortgage Brokers…[Read more]

]]> 707baa6dd6ff197cfbe464eacfb67590 credithub replied to the topic Mortgages in a company/trust structure in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5087290-mortgages-in-a-companytrust-structure/#post-5106778 Tue, 05 Aug 2025 04:54:00 +0000 Hi Evan,

Steve’s strategy involves using separate trusts or companies to buy properties, with you acting as guarantor. Because each entity is separate, lenders (especially if using different ones) may treat the loans independently — allowing you to borrow multiple times.

That said, lending policies have tightened since those early books. Mos…[Read more]

]]> 132f8ba4a4e76f6931aaf224bc912e31 credithub replied to the topic Did Your Mortgage Broker Explain the Tax Traps of Redraw vs Offset? in the forum Finance https://www.propertyinvesting.com/topic/5106752-did-your-mortgage-broker-explain-the-tax-traps-of-redraw-vs-offset/#post-5106777 Tue, 05 Aug 2025 04:50:04 +0000 Hi Steve,

Thanks for the clear explanation—your examples really helped clarify the common misconception that loan interest is always deductible just because the loan is secured against an investment property.

The key takeaway for me is that deductibility depends on how the borrowed funds are used, not where they’re borrowed from or what ass…[Read more]

]]> 0c521320b5b9e1b0ece34c99a75a29c8 credithub replied to the topic Looking for a mortgage broker familiar with foreign income matters in the forum Help Needed! https://www.propertyinvesting.com/topic/5048522-looking-for-a-mortgage-broker-familiar-with-foreign-income-matters/#post-5106755 Fri, 01 Aug 2025 06:36:29 +0000 foreign income can be tough to work with, especially when it’s in Japanese. Most banks either heavily discount non-AUD income or reject it unless it’s fully translated. We ran into the same issue and found that the key was getting a mortgage broker who specialises in expat or foreign income lending. They know exactly which lenders will accept ove…[Read more]

]]> 38d112702105a9f568252faeb75ce1f8 credithub started the topic Did Your Mortgage Broker Explain the Tax Traps of Redraw vs Offset? in the forum Finance https://www.propertyinvesting.com/topic/5106752-did-your-mortgage-broker-explain-the-tax-traps-of-redraw-vs-offset/ Thu, 31 Jul 2025 11:15:06 +0000 Hey everyone,

Just wanted to share something I wish I’d fully understood earlier — might help someone else avoid the same trap.

A few years back, I bought an investment property and was trying to be smart with my loan setup. My mortgage broker at the time suggested making extra repayments to reduce interest, and I did — I threw about $40k in ov…[Read more]

]]> cc62dbd71bfff549bcd08eafe29bd6a0 credithub replied to the topic Property Investment Firms - Advice Needed Please! in the forum General Property https://www.propertyinvesting.com/topic/5023872-property-investment-firms-advice-needed-please/#post-5106725 Tue, 29 Jul 2025 03:17:32 +0000 Choosing the Right Property Investment Firm: What to Watch For
If you’re a property investor—especially one exploring opportunities interstate—it’s crucial to choose the right advisory firm. A recent discussion among investors highlights the risks of dealing with high-pressure sales tactics, pushy developers, and firms offering “free” services.…[Read more]

]]> f4c2faa8b986d4e48ee222b602cf952a credithub replied to the topic Becoming a mortgage broker in the forum Finance https://www.propertyinvesting.com/topic/4391536-becoming-a-mortgage-broker/page/7/#post-5106719 Mon, 28 Jul 2025 06:35:28 +0000 I’ve seen some mentoring arrangements where mortgage brokers pay around 20% of their commission, which can add up quickly depending on loan volume. For example, if a student writes 4 loans a month at $3,000 each in commission, that’s $2,400 going to the mentor. If the mentor has multiple students, the numbers get significant. It’d be helpful to…[Read more]

]]> a5a7139e3f533d253906c6c093cc781d credithub replied to the topic Chan & Naylor trust and now can't get finance in the forum Help Needed! https://www.propertyinvesting.com/topic/4405265-chan-naylor-trust-and-now-cant-get-finance/#post-5106673 Tue, 22 Jul 2025 06:03:35 +0000 This issue isn’t uncommon with hybrid trusts, especially those set up by Chan & Naylor. Some lenders flag them due to past tax rulings or internal policy concerns. It’s not necessarily the firm, but the structure that’s problematic. Try using a broker familiar with trust lending—they can match you with lenders who do accept these setups. Also, d…[Read more]

]]> 6a9a51ec98f92f4ef64ab4bb711ec3f0 credithub replied to the topic Investing in Tarneit in the forum General Property https://www.propertyinvesting.com/topic/5028904-investing-in-tarneit/#post-5106565 Thu, 10 Jul 2025 06:20:44 +0000 Hi Colin, totally agree with your point about checking nearby established properties — great way to sense-check the price. As a local mortgage broker in Tarneit, I’d also recommend comparing with similar established properties to assess value. If you need help understanding finance options or want insights on local builders like Pivot, feel fre…[Read more]

]]> 625ee24c3c988be21930a34ab271d702 credithub replied to the topic brought 8 units whats the best way to loan for them in the forum General Property https://www.propertyinvesting.com/topic/4403243-brought-8-units-whats-the-best-way-to-loan-for-them/#post-5106500 Tue, 08 Jul 2025 06:13:28 +0000 Hi all,

Most lenders, like St George, treat that as a commercial deal, which means lower LVRs and higher rates. But there are a few lenders who might look at it as residential, depending on things like location, internal laundries, and servicing.

If you’re using equity tied up with St George, it gets trickier — but a good mortgage broker can oft…[Read more]

]]> 74d561e76c6d41bebd28e1014a13d7f0 credithub replied to the topic Need recommendation - Melbourne Accountants specialises in investment properties in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4919056-need-recommendation-melbourne-accountants-specialises-in-investment-properties/#post-5106360 Thu, 26 Jun 2025 06:20:08 +0000 Look for an accountant experienced in investment property tax, negative gearing, depreciation, capital gains, and structuring. They should provide proactive tax planning and know ATO rules for investors. Verify their experience and credentials before hiring.

]]> 15d4c5d2c42d3de86a5b2abef2ce00cf credithub replied to the topic Investing in Tarneit in the forum General Property https://www.propertyinvesting.com/topic/5028904-investing-in-tarneit/#post-5106348 Wed, 25 Jun 2025 06:23:21 +0000 Totally agree with getting an unsigned contract early—having a broker do an “as if complete” valuation upfront can save major headaches, especially in places like Tarneit where valuations often fall short. Also, running the contract by a conveyancer or property lawyer before signing is a no-brainer. I’ve seen small clauses make a big dif…[Read more]

]]> d997eb513379524e784ad6824834afe4 credithub replied to the topic Taxi PLate finance in the forum Finance https://www.propertyinvesting.com/topic/4390871-taxi-plate-finance/#post-5106346 Wed, 25 Jun 2025 05:21:22 +0000 just adding some detailed context, taxi plates were considered solid investments, often financed at 60–65% LVR with 8–9% interest. But by 2017, ride-sharing and deregulation (especially in Victoria) caused plate values to crash. Many investors lost significant capital. This thread is a good snapshot of pre-Uber thinking, but anyone considering sim…[Read more]

]]> 7d6293012d4b44f00f4b6e016e021804 credithub replied to the topic What Does a Conveyancer Do for the Seller in Australia? in the forum Value Adding https://www.propertyinvesting.com/topic/5091385-what-does-a-conveyancer-do-for-the-seller-in-australia/#post-5106271 Fri, 20 Jun 2025 04:31:24 +0000 Great Post! As a conveyancer for sellers, we handle the Contract of Sale, prepare the Vendor’s Statement (Section 32), arrange property certificates, and manage the settlement process. We also liaise with the buyer’s solicitor and ensure everything is legally compliant. Basically, we make sure the sale runs smoothly, and you avoid legal issues dow…[Read more]

]]> 3f9e3953df6b809060641393e004743c credithub replied to the topic Things to Consider for First-Time Home Buyers in the forum Buy, Swap & Sell https://www.propertyinvesting.com/topic/5100341-things-to-consider-for-first-time-home-buyers/#post-5106112 Mon, 16 Jun 2025 05:03:53 +0000 Great post! First-time buyers have a lot to think about, and your tips cover the basics really well. Just wanted to add a few more helpful points:

Get pre-approved for a home loan – This gives you a clear idea of your budget and shows sellers you’re serious.
Work with a home loan broker – They can compare rates across lenders, explain dif…[Read more]

]]> 5d5764f868e8acd9b7262c9d5bd70dc0 credithub replied to the topic South Melbourne Property Meeting Group – Thursday 5th December in the forum Heads Up! https://www.propertyinvesting.com/topic/5060432-south-melbourne-property-meeting-group-thursday-5th-december/#post-5106084 Fri, 13 Jun 2025 05:53:38 +0000 Sounds like an awesome session, always good to hear Brendan Kelly speak, especially right before the holidays when most people hit pause. Keen to hear what strategies were shared for getting deals over the line this late in the year. Did anyone walk away with new insights or a fresh game plan for 2020?

]]> 9b2cbdb653780662a772eb7e516ece27 credithub replied to the topic Melbourne suburbs with bad reputation in the forum Help Needed! https://www.propertyinvesting.com/topic/4380237-melbourne-suburbs-with-bad-reputation/page/2/#post-5106051 Tue, 10 Jun 2025 04:08:35 +0000 Funny how some of these ‘bad rep’ suburbs are now full of cafes and Teslas 😂 Goes to show how fast things change in Melbourne!

William Smith

]]> e93e4498385301fe7cd641ccf66d6fbc credithub changed their profile picture https://www.propertyinvesting.com/activity/p/426625/ Thu, 10 Apr 2025 07:27:52 +0000 914656f9585809b6bf68bcfe6458d264 credithub became a registered member https://www.propertyinvesting.com/activity/p/426623/ Thu, 10 Apr 2025 07:25:58 +0000