conservative replied to the topic Home or IP to begin? in the forum Help Needed! 18 years, 1 month 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, 1 month 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