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  • Profile photo of BrettJCBrettJC
    Participant
    @brettjc
    Join Date: 2006
    Post Count: 10

    My only problem is that if i am going to buy my own home I am going to find myself looking for somthing nice and somthing I will like to come home to which in Sydney is going to cost a pretty penny.

    I can live on a tight budget that isnt a problem but I will need to budget for household bills as well.

    Can anyone recommend a financial advisor I can speak with here in Sydney that will be able to advise me of what my position is and what I can afford to pay for a first home?

    Or can anyone here advise me I am earning 70k and I have a 30k car loan.

    That is about as far as it goes.

    Thanks,
    Brett

    Cheers,
    Brett

    Profile photo of BrettJCBrettJC
    Participant
    @brettjc
    Join Date: 2006
    Post Count: 10

    Thanks again Derek,

    I am experiencing some doubts although looking further at the positives and negatives of the area the positives win.

    Cheers,
    Brett

    Profile photo of BrettJCBrettJC
    Participant
    @brettjc
    Join Date: 2006
    Post Count: 10

    Thanks Derek,

    I have been in touch with a broker and he is looking over my financial state now although at first glance he said there shouldnt be a problem with what I have asked for,

    As for the location of the property I am looking at buying, I find myself having second thoughts as my first PI I would like to be able to make a little Capital Gain so that I can continue to buy another property.

    The location I have been seriously considering is Bundaberg in QLD there is currently alot of housing development occuring there although I cant seem to find anything business or industry related going on which is what has start my doubts on the area.

    The other positive I can see is that it is close to the coast and in most cases only 10-20mins to the beach.

    I am at a loss as to where else to look or can somone here advised if I am on the right track or is there other areas I should be looking at and why?

    Cheers,
    Brett

    Profile photo of BrettJCBrettJC
    Participant
    @brettjc
    Join Date: 2006
    Post Count: 10

    Thanks K&R,

    Much appreciated !

    I am looking to buying my first IP, I have/am looking for an already rented property for sale is this a wise thing to do or should I be looking for somthing else if so what?

    Cheers,
    Brett

Viewing 4 posts - 1 through 4 (of 4 total)