Forum Replies Created
Crashy,
so are you saying i do nothing but sit tight and not buy a property?
The way I am look at it is, if i dont do anything, I get nothing. if I do something, i may get something positive or burn and learn my mistake. Got nothing to loose you see. Worst case, may end up with a 5 to 10k debt.
Is that reasonable or can you suggest a better idea to make 10k from nothing in 6months.
Terry,
thats just what i wanted to know. Greaty appreciate your analytical skills. Can i please ask what is LMI ( is that lenders mortgage insurance bcoz its 100% loan). And why do you say no stamp duty…its tasmania, i dont know of any no stamp duty fees deals unless you do on buy option deal. May be there is something i dont know.Krishna
krishna
I am hoping to use my low intrest 9% credit card for the reno expense. I know this is just insane and may be silly in most ways and hence i want to be very sure i will make profit in six month for such a risk. That where i need your help.
As for the not knowing what street and etc, i have done some researcha and sure of the sale price of 200k after the 20k reno.
Hi Michele,
Just while you are here, can you please tell me how long does it take for the council to approve the sub division plans. I know i could ask them that question which I may tomorrow morning but just thought i find out now.
Krishna
