conservative replied to the topic Home or IP to begin? in the forum Help Needed! 18 years ago
Thanks Foundation and Paul.
I agree. Being on the cautious side I don’t really like the idea of ammassing huge debt, then rely on tenants, stable interest rates and good capital growth to see profit in 20 years.
I think I will go the path Paul is planning. Buy a cheap (<100k) apartment. Get FHOG. LIve in it for the 12 months as PPOR then move back…[Read more]conservative replied to the topic Home or IP to begin? in the forum Help Needed! 18 years ago
Thanks for all the imput guys.
Its good to know that there are more people out there still umming and erring about taking that first step.
I have plenty of time to read and learn hands on before I am ready though so will keep an eye on all the forums.
Cheers again.
Marlow