Same strategy, small business owner, sold occasionally, try hold on, until exit the business
Awesome post, same, thinking of next step, refinance now, continue business, have a look in 5 years, perhaps Airbnb prime property after a year or so
Jack, I’ve been reading with a smile, how you have achieved so much, with a generous heart, ready to share your journey for others to be inspired!...
It would be easy to sell Kangabanga, take the money and pay down all debts, get equity and receive rental income, but my wife wants to stay with...
The repayments are not that much better but it gives me the offset amount to play with
Bank just offered me to fix the loan for 3 years, pi, 3.88%. It allows me to release the offset amount against it, I can put in into another loan.
Rolf, I had half share in a block of units which we sold a couple of years ago, I took the proceeds and paid down a lot of debt. This loan in...
Tomorrow I'll chat with my broker and also St George, see what's best option, thank you for your good sdvice
Cheers. I would prefer not to go thru the refinancing process
Excellent cheers
Understood, thanks mate
Great idea Anthony, thank you! When my commbank interest only 3 year period expired they gave me another 3 years. I asked St George they said no....
This is my dilemma, should I pay an extra $5000 a month toward pi loan, or sell something which I'm happy to keep?
Thank you Peter , looks like I will have to pick one of your 3 options, probably option 2. I think I better keep the offset amount free and use it...
Yes Rolf it is an old loan
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