Feel free to message me and we can bounce ideas.

I am also from Australia, so I have been bouncing around!

None of my friends or family are into investing so I really don’t have anyone to bounce ideas off of or talk to. 

These HELOC's that term out are rare. 90% of the HELOC's from notable banks out there have these terms:- 10 year interest only- 25-30 year term - draw first 10 years only- interest + principal years 11 through end of term (year 25-30) and you cannot draw any more years 11 and on (however you can refinance to restart a new heloc and get another 10 years of Draw at the current market margin + prime index).HELOC's are great but the all in one AIO or all in one loan is designed to accelerate your debt payoff quicker and has much safer features such as:- available for primary, second homes, or investment 1-4 units- interest accrues during monthly statement but is not due and not charged till after 20 day grace period similar to a credit card- you get a checking/sweep account with the AIO 1st position mortgage that will automatically sweep any cash you have in the checking over to the AIO mortgage thereby lowering your daily interest cost that day - your checking/sweep account can be linked by debit, check, just like any other checking account so if you spend money when the balance is zero and you have limit available within your AIO loan what happens is funds are debited from your AIO loan, credited to your checking/sweep account, and then goes out from there to your vendor you pay (aka your account doesnt bounce assuming you have credit available).- rates based on 1 Monthy Libor + fixed margin of 3.25 - 3.75%- cap of 6% above start as opposed to 18% with most HELOCS

I know it helps me if I can bounce ideas off of others.

I think i know what my answer is, just wanted to bounce it off people and it definitely bounced back hard.ThanksJames

It happens all the time.You should join us if you're:Looking for dealsLooking for financingLooking for partnersLooking for tricks /tips from othersLooking for mentorsLooking to build your networkLooking to invest but don't know how or whereLooking to bounce ideas off of other real estate investors

I am a local investor and Realtor so would love to connect sometime, maybe over coffee, and bounce some ideas around.

Willie Nelson has a song "I am my own grandpa".many many years agoWhen I was twenty threeI was married to a widowWho was pretty as could beThis widow had a grown-up daughterHad hair of redMy father fell in love with herAnd soon the two were wedThis made my dad my son-in-lawAnd changed my very lifeMy daughter was my mother'Cause she was my father's wifeTo complicate the mattersEven though it brought me joyI soon became the fatherOf a bouncing baby boyMy little baby then becameA brother-in-law to dadAnd so became my uncleThough it made me very sadFor if he was my uncleThat also made him the brotherOf the widow's grown-up daughterWho, of course, was my step-motherI'm my own grandpaI'm my own grandpaIt sounds funny I knowBut it really is soI'm my own grandpaMy father's wife then had a sonThat kept them on the runAnd he became my grandchildFor he was my daughter's sonMy wife is now my mother's motherAnd it makes me blueBecause, she is my wifeShe's my grandmother tooI'm my own grandpaI'm my own grandpaIt sounds funny I knowBut it really is soI'm my own grandpaNow, if my wife is my grandmotherThen, I am her grandchildAnd every time I think of itIt nearly drives me wildFor now I have becomeThe strangest case you ever sawAs husband of my grandmotherI am my own grandpaI'm my own grandpaI'm my own grandpaIt sounds funny I knowBut it really is soI'm my own grandpaI'm my own grandpaI'm my own grandpaIt sounds funny I knowBut it really is soI'm my own grandpa

So please reach out any time and we can bounce ideas of each other.