Benni Brials replied to the topic My situation, Who is in the know? in the forum Help Needed! 13 years, 6 months ago
Ok,So I will start with the first of the questions and work down.1) If you need info let me know what you need, would be happy to supply it.2)The reason I have such a low deposit is because my parents left town when I was 19-20 and I was living in a town that had HUGE rent, 1000+ a week with an income of less that 800 pw and to be able to stay i…[Read more]
Benni Brials replied to the topic My situation, Who is in the know? in the forum Help Needed! 13 years, 6 months ago
I understand what you are saying,I am currently in the process of buying land and building in a town in WA, once built, the house will have made just over 150k in Capital Gains in leaa than a year. that will be my deposit for my CF+ house and that will be how i will start. I realise i didnt explain it as well as i should have
Benni Brials replied to the topic My situation, Who is in the know? in the forum Help Needed! 13 years, 6 months ago
Thanks Paul and Mik,I doubt I will Vendor finance, This being because it will never be my PPOR, I will see if I can get some coin lent from the folks to start me off. I was thinking about going: In my first year: 1 Cashflow positive and 1 negative (they even each other out) Second: 2 Cashflow positive and 1 negative (Start getting some extra c…[Read more]