Damo666 replied to the topic living off equity in the forum Creative Investing 14 years, 9 months ago
I am considering LOE as a genuine option for a least a couple of years whilst I contemplate a career change or full time property investing and development.In my case after liquidating Investments I will havePPR value $1600KDebt of $1000K, but offset with separate account of $900K. So only paying interest on $100K (plus any LOE future drawings.)…[Read more]
Damo666 replied to the topic living off equity in the forum Creative Investing 14 years, 9 months ago
If anyone would like to re-open this I am happy to discuss why I think once you have enough equity (at least $1m) then this can be achievable