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Thanks Andrew, will certainly keep that in mind.
Thanks a lot Kylie for a very honest advice.
@kinnon
Thanks for your inputs; does give me enough food for thought.Thanks for your response.
We haven’t discussed yet on the loan structuring; it was a very preliminary discussion to understand my limits with further borrowing.
Thanks for your suggestion; will certainly get further opinion.
Thanks for your response.
The numbers are not for any specific area; they are approximate numbers to draw up how much bank can lend me, they will change once a definite IP has been selected.
I don’t want to negative gear; I am looking at having minimum deficit, positively geared would be ideal. Reason for this consideration is that I don’t want further expenses as it could potentially impact further IPs I might consider.