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  • Profile photo of Andrew StephensAndrew Stephens
    Participant
    @andrew-stephens
    Join Date: 2012
    Post Count: 3
    March 28, 2012 - 12:56 am

    Would ideally buy in Perth with renovations done by a recommend 3rd party. I’m from Auckland but now live and work out of Perth and feel this is the place to buy due to affordable house to people’s income and low rental vacancies.

    Profile photo of Andrew StephensAndrew Stephens
    Participant
    @andrew-stephens
    Join Date: 2012
    Post Count: 3
    March 27, 2012 - 9:29 pm

    Hi Nigel, my idea is to buy cash-flow positive properties with improvement potential. That way I feel once I have have enough deposit and post renovation equity of the previous place, I could borrow again and again. Would an LVR of 80% always be needed? I would ideally be doing developments but I guess I need some Market experience and strong equity to get started.

Viewing 2 posts - 1 through 2 (of 2 total)