derekpuah replied to the topic Finance Help in the forum Finance 20 years ago
I was thinking of doing a bit of touch up. However the house is in a pretty good order although it is not fantastic. I am not sure if huge renovation will make any different in the term of value.
derekpuah replied to the topic Help needed in the forum Help Needed! 20 years ago
The expected rental return is around $400 a week. Newtown is 5 km from city and 1 km from Sydney uni. It is quite a vibrant and funky little suburb. The location is superb so I think the growth prospects is very good.
derekpuah replied to the topic Help needed in the forum Help Needed! 20 years ago
I have been offered a property in Newtown where the vendor willing to offer vendor finance. I only need to put down $20K deposit. I will able ot save heaps in mortgage insurance. However, the repayment is a killer. Do you think I should take up this offer or rather use my cash for the CF properties ?