Terryw wrote:
Under 50sq m?

According to the title, it is approx 160sqm.

Thanks for your replies. It's in a Victorian regional town – Ballarat. It's actually my home town, and I have read that you shouldn't buy in your local area as you can get too attached, but if it's such a good buy, why not.

It's in a good area, close to shops, schools, entertainment. It is the rear most unit in a block of 3 units. It backs on to…[Read more]

Freckle wrote:

Mikand wrote:

Unfortunately, I think I need to be a bit more patient, and wait until my PPOR value increases or pay off more of the principal.

You have a $400k property with only $60k of equity after 8 years. If you took entry costs, holding costs and exit costs (if sold) then you are probably underwater on this place

If…[Read more]

Qlds007 wrote:

Your equity is fairly marginal so you might to look at a 100% standalone investment loan.

Thank you for your reply. Are there many lenders out there these days that would offer a 100% standalone investment loan?

Jamie M wrote:

3 kids under 3 – how have you got time to post this question!
Jamie

Thanks for your reply. Very difficult to find any time these days. Add working full time and studying to that as well!!

Jamie M wrote:

Your borrowing capacity may be a bit tight – but could possibly be improved depending on the way your current PPOR loan is…[Read more]