WA Handy Man replied to the topic Positive Cashflow vs Quick Turnaround property in the forum Help Needed! 10 years, 4 months ago
Hi Fabs, there are a number of strategies to get the best bang for your buck with quickly turning over properties.
A few people I know have purchased land and constructed, moved in, to avoid the CGT and then started on the next one.
If this is done properly, you can pick up $50K to $100K each project. This can also be done as live in Renovation.…[Read more]WA Handy Man‘s profile was updated 10 years, 4 months ago
Handy Man replied to the topic First Home Owner Loan Advice Needed! in the forum Finance 10 years, 4 months ago
Hi Eagle75, it would seem that the first broker may have given you the wrong advice.
There are a few lenders that will look at one year financials only. It happens that those same lenders require the $19K to be genuine savings. Have said that, these lenders will deem your contribution as genuine savings if it is left in your account for 3…[Read more]
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WA Handy Man‘s profile was updated 10 years, 4 months ago
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