dlucan replied to the topic help needed in investment property. in the forum Help Needed! 11 years, 10 months ago
Thanks jamie 4 that advice im not one to go head first
In straight away. I just want to make the right
decision with as much professional advice as possibleCheers
Dean.dlucan replied to the topic help needed in investment property. in the forum Help Needed! 11 years, 10 months ago
We have spoken to the bank an r able to borrow up to 300k.
And yes r comfortable in seeking other areas if it means better CG.
I am also not comfortable in borrowing whole amount.
Regards
Dean.dlucan replied to the topic help needed in investment property. in the forum Help Needed! 11 years, 10 months ago
i think the balance is around the 280k mark. My strategy was to look 4 a property and hope for decent CG but also try and have decent income from rent to cover cost eg interest only, rates and strata fees if applicable. Is this possible or can u give me advice. i believe a house is going to give me better CG but with my strategy can i do it.
dlucan replied to the topic help needed in investment property. in the forum Help Needed! 11 years, 10 months ago
equity is calculated from our current property which is valued at 645000k.
that is why i am asking how do i find out the current stats for that area and what is the best options to take with having that much equity.
regards Dean.