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  • Profile photo of KirstyLKirstyL
    Participant
    @kirstyl
    Join Date: 2012
    Post Count: 3
    June 7, 2012 - 7:41 pm

    Thanks all for your feedback. You’ve given me heaps to think about. Might have to go for something a little bigger….. :)

    Profile photo of KirstyLKirstyL
    Participant
    @kirstyl
    Join Date: 2012
    Post Count: 3
    June 5, 2012 - 8:16 am

    Hi Richard

    The type of apartment that we are interested in has a separate bathroom but the bedroom/living area/kitchenette are all in a combined space.  Do they loan as high as 80% (I have had a couple of realtors that have suggested that they would only go to 60%).

    Hi Eddy

    Steering clear of short-term & student accom.  A lot of the places I have looked at have the option of either short-term pool or longer-term rentals (3,6,12 months), and we definitely want to get a longer lease.  We want to buy inner-city Brisbane and it would be very difficult to get an apartment for $200k otherwise we would go with that option.  We are looking for a positive cash flow property rather than a capital gain, which is why we are looking at the area/type of property. 

    Kirsty 

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