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  • Profile photo of Johnny24Johnny24
    Member
    @johnny24
    Join Date: 2005
    Post Count: 2

    Thanks for the input

    im earning 50k per year and living at home with a company car so i have minimal costs
    my curent repayment is $250
    my rent is $220-10 realestate fees

    im worried if i buy another investment property
    say a loan of 250 K
    rent = 250
    so ill ahve to put about $150 into it
    this is not a drama at this stage but im worried
    it may limit the amount of cash available to me if myself and my girlfriend decide to buy a property in the future

    I would just like to set myself up so that in the future ill have a decent investments

    any ideas

    should i just get into another property asap
    as its a good time to but im my area as prices have stablised
    Im in the hunter region so im hoping that prices will not drop substantilaly

    Cheers for the input

    Johnny

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