KyleeP replied to the topic How do I purchase a 2nd home using equity? in the forum Help Needed! 14 years, 7 months ago
will do. Not sure what that is but will think of you when I am at my next stage.cheers k
KyleeP replied to the topic How do I purchase a 2nd home using equity? in the forum Help Needed! 14 years, 7 months ago
Thats good news, my property is in the Sutherland Shire, South of Sydney so I think its an area that will keep progressing at a good rate in the property market growth. Fingers crossed. thanks for your info, I will get it valued and get back to the forum with my next challenge.cheers for now Kylee
KyleeP replied to the topic How do I purchase a 2nd home using equity? in the forum Help Needed! 14 years, 7 months ago
Thanks to everyone this is great information. And Number8 from Birchcorp thank you for clarifying the PPOR rule for my main residence. I would like to hold on to our property and buy another, its a scary step and I dont understand exactly how to do it. I will now go and find the right people to talk to. Can I just ask is it a Broker that I nee…[Read more]
KyleeP replied to the topic How do I purchase a 2nd home using equity? in the forum Help Needed! 14 years, 7 months ago
Wow this is great information thanks. Because this is my main residence at present and not an investment property. I thought if I moved back into it for 3 months before I buy a new main residence and then turn this into an investment property I didnt think I would pay CGT. Is sort of a loop hole. But only while I have the one property. i thou…[Read more]