I run an online business and am looking to invest in to properties to make a decent rental income. I have purchased a land for my first home and the entire process of title & building a house will be completed within a year. I am taking loan from the bank but I have savings which can be used to reduce the amount of loan from the bank. The…[Read more]

In process of buying a house to live. Getting lot of feedback from friends and families asking me to wait, buy one soon etc. One of my friends gave me an idea to buy a property close to CBD and live in rented one far from CBD. Also, he suggests to pay interest only on the CBD owned property. Sounds interesting but not sure what are the risk…[Read more]

Hi All,

We have just immigrated to Australia in Aug 2014 and were planning to buy a house. We were told that we will not get a bank loan before filing income tax returns. I am self employed, work for home and will file my income tax this year. I have about 300K in my bank which I am planning to invest in my home country. Should I let this money…[Read more]