Hi, I'm DCN. OO + IP and looking to go again..

Discussion in 'Introductions' started by DCN, 21st Nov, 2020.

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  1. DCN

    DCN New Member

    Joined:
    20th Nov, 2020
    Posts:
    1
    Location:
    Gold Coast
    Hi all,

    I have PPOR in Ipswich, Qld which I'm (slowly) renovating with the intent to rent out (which will be cash flow neutral or slightly positive.). I have an IP apartment on the Gold Coast which is cash flow neutral (was positive prior to COVID).
    I want to move to Ormeau (halfway between Bris and Coast for work, I'm in construction) maybe buy a villa round the 350-400 mark, but I don't want to use all my cash, I actually want to use as little as possible) because I want to make sure I have that cash back stop in the event of things going wrong across three properties.. So, I'm in research phase prior to talking to banks brokers. My serviceability is high and my DTI ratios are great..
     
    DCN, 21st Nov, 2020
    #1
  2. skater

    skater Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    10,254
    Location:
    Sydney? Gold Coast?
    Good luck
     
    skater, 21st Nov, 2020
    #2
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