Hi Mobile Mortgage

The reason is because I purchased IP #1 for 266,000 and IP#2 for 320,000 so I needed some 40 or 50,000 in equity from my PPOR. Not sure how much equity I have left from that. Is there a way to find out? If so, would it be easist then to use this remaining equity to put down on a CF+ property?

CHeers

Thanks Richmond

No I totally understand people’s desire no to answer this question, but like Steve says, “You can only ask”.!!!! Moreover I believe in assisting other people in society so if I know of sound investment areas I would like to think that I would inform people of these areas so they too can enjoy the good life.

Then that’s just…[Read more]

Hi SIS

No I’ve read the book 3 times now. The question I asked I thought was a reasonable one. I mean I know that Steve used a number of techniques including equity and wrap but I am a little sceptical I guess of how this many properties can be accumulated using techniques, particularly equity redraw. As you know a lot of properties in QLD…[Read more]

Hi Guys

Interesting perspective. So I wonder how Steve was able to obtain 130 properties in such a short time? If I didn’t use the WRAP technique is it still possible to accumulate this many houses in such a short period of time simply by using the equity from each investment house?

The question again of course is what if the property does not…[Read more]