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re: pski ----> for sally Sally,Those guys answered your...

  1. 909 Posts.
    re: pski ----> for sally Sally,
    Those guys answered your question. Another thing is that we as foreign 'aliens' are generally charged at a much higher rate for finance than 'real people' of US origin with god credit history. We are treated the same as someone with a poor credit history despite having good credit back here. The current rate is around 8% but I suppose that is getting close to our rates anyway. The way to go is to buy a property with cash then re-finance over there to access the equity to buy more. $50K to $65K AUS returning 20%+ is a great deal, just like you could get a few years back here.

    Cheers
 
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