Hi.
I too am unemployed am about to start investing with my mum. My wife is working full time and we are renting. My mum owns 100% of her house and is working full time. We have a line of credit attatched to her house. Should we be using that as a deposit for our first property or is there another way to access the equity without having to pay…[Read more]

Thanks for your input guys and girls.
Much appreciated. I’ll be back!

Peter.

Hey guys,

What I totally forgot about was the fact that my mum owns 100% of her house and now instead of finding properties for other people I can now go in partnership with her and find the properties for ourselves using the equity in her house. She is time poor but money rich! Sound good!?!?