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This is great what your doing mate. This is the road i want to go down. Very interested in your progress. good luck.
Thanks derek for clearing that up for me.
ive read a few of his books there a good read more inspiring than anything
hi Mika
ive also been following her procedure, i also am waiting to get on her home study course, i applied last year and im assured they will be starting in a couple of months.
It sounds like a good formula so im excited to hear what she has to offer.
doug
hi chris
i would like to learn how to read the market so i know when the area is at the bottom of the cycle.
thanks a lot that article made a lot of sense,
id love to read this article mate, where can i find it
There is major development going on in the north shore. a great area it will become in the next 10 years. Kirwan is a great place and most people i know live there and have brought there. I live in North Ward and it is a great place to live is more expensive as its close to the water. Townsville is on the up and up. I would avoid places like west end/ railway estate just due to the crime and its not a sort after area.
thanks for the comments guys. ill look into a buyers agent.
thank you very much for your help
thanks the bank did the valuation. Yes ill get a completely separate loan for the new property. Is that what you meant by stand stand alone. What i plan to do is get a 95% lvr using the equity from my IP and pay LMI with money i have. Is there any thing i should be aware of before i do this, This is my first time using equity, Will it effect my existing loan in any way with regard to repayments and the like. Any additional information would be greatly appreciated
the loan remaining is 284,000 and the valuation of the property is 380,000.