Thanks for the feedback. Just to clarify things. I don’t own any property therefore i’m elegible for the $7000 fist home owner grant and no stamp duty upto $500,000 (in NSW). Currently I’m paying low rent for a good place and the propery prices in my area very inflated. The interest on a smaller unit would be more than the rent I’m paying. However I would like to buy something. If I buy in Australia I would loose my grants. However I am allowed to buy overseas, like NZ. That is why I’ve started looking there. Some people say they would find cash positve or other good investments for a fee. If anyone does that please give me some more information on how and what info you would provide and how much the fee would be. Also does anyone know where i could any information on where to find good investments overseas.
Thanks