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I have a real dilema. Never invested before, but definitely want to get started. I am currently renting and happy doing so. Should I take advantage of FHOG and no stamp duty on own home (qld). Or should I forget all that and use my deposit to invest straight away into investment property??
lara
Welcome to the forums. If you happen to use the search function provided, I’m pretty sure you will find some answers to your questions
“Looking forward to the day when I can tell the boss where to go”
Thank you, I have done as you suggested.
lara
I think you answered your own question when you said you are happy renting. Buying an investment property might be the way to go.
Regarding the FHOG and stamp duty benefits, these may be stopped at any time so no-one knows for sure if they will be there later. You could always buy an investment property and live in it for 6 months and then go back and rent again.
Robert Bou-Hamdan
Mortgage Adviser
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