Cashflow mortgage, anyone using one

Discussion in 'Loans & Mortgage Brokers' started by nitro-nige, 30th Jul, 2007.

Join Australia's most dynamic and respected property investment community
  1. nitro-nige

    nitro-nige Active Member

    Joined:
    2nd Jul, 2015
    Posts:
    43
    Location:
    Melbourne
    Hey.

    I've been looking at mortgages and came across the cashflow mortgage. Is anyone using one?
    I'm not sure if it's to good to be true. Would you pay more in the long run. Surely banks can't be that friendly.

    Cheers Nige.
     
    nitro-nige, 30th Jul, 2007
    #1
  2. Simon

    Simon Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    507
    Location:
    Newcastle
    Can you give us a para about it or a URL??
     
    Simon, 30th Jul, 2007
    #2
  3. nitro-nige

    nitro-nige Active Member

    Joined:
    2nd Jul, 2015
    Posts:
    43
    Location:
    Melbourne
    nitro-nige, 30th Jul, 2007
    #3
  4. bundy1964

    bundy1964 Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    345
    Location:
    Adelaide, SA
    Apart from capitalising your interest there seems to be little information given.

    I have had a look at Perpetual Funding Group Home Page for setting up a new share fund from the house equety. Simpler low/no doc and investing the loan amount in income assets to pay the loan and margin the rest into growth assets.
     
    bundy1964, 31st Jul, 2007
    #4
Join Washington Brown's Tax Agent Referral Program