too many dwellings in that area already, with more to come. driving around there is a nightmare with the narrow roads and heaps of parked cars....
Slow down cowboy! as others said. Get your finance sorted first. Can’t see how on $200k plus rental income you will be able to buy 4x $500k...
I can’t see how Australian property is going to have the level level of returns/gains in the next 25 years like the last 25 years. I think we...
GF pathway IMO is a poorman's approach towards property investment. putting funds/finance into resi property, the end goal should always be...
im with cba. IHL P&I 6.31% end rate FYI. and thats a high lvr of 90% too!
i dont think crypto is the future. it sounds like BS. but i do believe that having exposure to crypto is vital as a spec play. i wouldnt...
im surprised not many property guys are into margin lending. Perhaps it does not help their business. Im actually looking to sell one property...
my personal opinion is they are great for cash flow, but IMO the ultimate return for property is capital appreication/growth. I cannot see how a...
good tip. And a lot of people refer to offset/redraw as around the current variable rate 6.25%. You really ought to look at this as a gross figure...
Can’t see you getting any more finance to actually buy a property fully financed by the bank. Your debt to income ratio is alright at 3x but...
imo rates have more or less peaked. I think we have 1, maybe 2 more rate rises and then a long period of pause. Why not borrow the full $500k...
what is your borrowing capacity like? to borrow more funds for capex?
have a unit in this surburb. its always been rented. never vacant. CG not so good with new apartment buildings coming up frequently
in short, ive re-structred the debt so i have it tax-deductible against my IP's, and debt free on the family home. getting access to high LVR with...
- PPOR - $3m no debt (purchased 2018) - CG increased 50%, growth of 10% p.a - IP1 - unit - $1m (purchased 2013) - CG increased 65%, growth of...
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