Thanks for all the suggestions. Now time for the price negotiations.
My thought was to purchase 3 properties to approx value of 1 mill. Using cash or PPOR as equity. If purchased well this should be cashflow...
Will be a small amount of capital gains as have also ran a business from a portion of the property but that is a whole new post. Will seek further...
Thanks Foxy that makes sense. Have crunched numbers for capital gain, commission and other expenses. First post assumes worst case plus allowing...
Hi Terry Thanks for the reply. I possibly don’t need that much income but would like to have freedom in retirement. Was just looking for opinions...
Correct Leo. Could hold investment and I think it could possibly increase another $500,000 in the next few years. Trying to weigh that up with...
Investment property is the one selling to developers. Loan is just under $600,000. Current offer is $2,000,000. Have recently purchased New PPOR...
Leo2413. Net position after sale is the position given in original post.
Haven’t sold property yet. Currently have large mortgage and investment loan. Finances will be good when property sold but need to make the best...
Hi All. Long time follower, first post. Looking to sell a property to developers. This would leave me in the position below. PPOR $1.1 mil...
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