as Derek said, you’ve got plenty of equity in your current PPOR. Rather than purchasing a new property, Why don’t you build a property on your block of land, then sell it off for good Capital gains. Then use the capital gains from this and the equity in your own home to purchase 3-4 investment properties.
Kind regards,
Geo.
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
Since your borrowing against your current property, you may be able to use some from that for tax deductions.
Don’t keep your family cramped up – if you need a bigger houes, then get one – but don’t go too big. See if your current PPOR is worth keeping as an investmenst. It might be better selling it and using it for your new PPOR then use the equity in your new PPOR to invest in 2-3 smaller investment properties.
If you both work full-time, then it means that your options are greater to choose from.
Best Regards,
George.
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
This apartment will mainly be used as a place to stay while over there on business but also I would like it to allow easy access to all the area has to offer in terms of restaurants, transport, entertainment etc.
However, there is no sign at the moment for Capital growth or rental returns – prices have plummeted dramatically from $700k and $800k to $400k. If it was upto me, and I was to buy for leisure and the views – then I would choose New Quay – great apartments going up there.
This apartment is not for any short term investment gains…Rather I want to buy in the area of either the Docklands or Southbank that will afford the most LIKELY capital gains…
Kind regards,
George.
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
sorry -but i get tempte to easily. If Im at the airport, cafe, walking in the street – then I have to have a coffe, vanilla slice, hedgehog and the list goes on.
ooohhh…and those vending machines at the stations – there goes another $2.00 every day…and you’ve got to love those 7-11 stores – they’re just so convenient[confused2]
aaarrrhhhh[angry2]…
Geo.
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
The equity used can be considered a form of cash. If you use 20% equity from a certain property as the deposit for another, then you’ll only need to finance the other 80% of the valued property.
I believe the reason Steve mentions 20% is to avoid Mortgage Insurance.
Kind regards,
George.
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how
I ordered the book and kiwi Insight a few days ago from the site but have had no response as yet. I requested that someone contact me before processing the order as there was a slight hicup in the ordering process and I would love to have it before your seminar next week.
Many thanks for your help in advance.
Kind regards,
George.
I’ve found a way to help you save and earn whilst not selling or delivering any product. If interested, drop me an email or PM me to find out how