Ideally I want to buy cashflow positive IP's. I want passive income. Don't really care too much about the capital gains although that is a nice bonus if it happens. I just want to have enough cashflow positive IP's that if I decide to stop working for what ever reason, I don't need to stress about having no income.I haven't been able to find a…[Read more]
I have a personal loan and that is all.I would like to go straight for an investment property as it would be cheaper for me to rent a place and own an investment property then live in a PPOR. Unless I live in it for the minimum required time and then change to an IP?
Hi Natalie,Thats great I'll have to seek out some local brokers as I live in the NT (Darwin).Do you think its a good idea to consult with a broker so early on? As of now I currently don't have any savings towards a bank deposit. I'm gathering tactics, so that I can lay down a game plan that I can semi-count on working.Do brokers give you…[Read more]
Hi Natalie,Thanks for the informative reply.You recieved $16k from the FHOG? I thought it was only $7,000 – $12,000?I've never applied for a credit card before, I would rather not get myself one if I could.Also how do brokers charge is it per consultation, what is the average price per visit?Kind regards,Corey