Hi Wyane,

To answer your question about how much you could by… based on borrowing 80% of the value of your current property and any new purchases + 5% closing costs you could buy approximently another 1.7million worth of property providing you could service the loans (approximently $1.32 million).

Let me know if you have any questions.

Ashley
0425 208 919

Hi Wayne,

well done on your investing so far. I’m your age and a bit further behind but learning lots. I’m a mortgage broker from sydney

Have you thought of using a buyers agent whos job it is source great investment property for you. i’ve used http://www.positiverealestate.com.au and had great results.

Also consider other realestate assett classes like commercial. Caravan and holiday parks are really great investments at the moment. often getting 25-50% cash flow returns to the invester + CG’s.

Feel free to give me a call if you want to chat.

Regards

Ashley Tuttle
0425208919