madelizabethan wrote:
Hi Clintone,Terry is right.To be a bit more specific, you must live in the property yourself for the six consecutive months out of the first 12 months that you own the property.Also, you (and anyone buying the property with you) must never have owned a property as a PPOR before (that is, you cannot have lived in a property…[Read more]

Qlds007 wrote:
Take say a ballpark interest rate of 5.5%.Multiply your loan amount (normally purchase price + costs or say 110% of the purchase price) by 5.5% / 12 to give you the monthly interest payable.Take 100% of the Gross rent and subtract say 8% managing agents costs and 1 1/12th of the annual rates body corporate contributions (if a…[Read more]

Thanks for your replies guys. Im a new member and a begginer to investing, Interested to know how most of you work out what your repayments etc vs your incoming rent to qualify potential cashflow?