Thank you for this comprehensive reply - I have a large PPOR debt on top of the IP mentioned so using income to pay it off faster sounds very...
Hi Terry - thank you for your response - yes I would be borrowing $180k for the build so some of the rental income would be needed to service this...
Help please! - Trying to get my head around these numbers given recent changes to granny flat rules in Victoria… Example: $600k house with 80%...
best to go to auction if you are inexperienced in submitting offers prior (assuming you have pre-formally assessed approval below your max limit...
With the figures you have presented above, your land is now worth 100k more than purchase, and if you build you will be left with <100k of equity....
$550/wk
Thank you Rolf
Considering pre-paying a loan’s interest for 12 months for tax purposes. does anyone know whether banks still offer discounts for prepaying...
I have a 80% loan on my PPOR currently. I am considering extending this to a 88% loan. The additional 8% loan will be used for investment...
It needs to be in the same suburb, doesn’t have to be in this space necessarily.
thank you very much !
Considering purchasing a business in VIC that would include leasing the shop from the current business owner. I.e. they currently own the shop...
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