@knightm thanks for the response mate,
In all honestly we have only just scraped the tip of the ice berg with APAS. We only have had our first consultation and have booked in for our second early next week to discuss in further details about potential properties in which state and suburb along with a more detailed break down of our finances etc.
Going through a “one stop shop” kind of set up is not something I’m totally comfortable with as I’m a very skeptical kind of guy.
A little breakdown of where my wife and I are at, open to suggestions.
My wife and I finished building our home around 12 months ago in Western Sydney
Looking at purchasing an investment property to start building our portfolio,
Our current property has just been bank evaluated at $630,000
Current mortgage stands at $495,000
Currently having $95,000 in savings in our offset account. (Effectively our mortgage says $400,000 even)
APAS have suggested/promoted OTP style properties that will be negatively geared at a cost of no more than $100-$150 per week out of pocket expense to us.
We would love to invest in Sydney but given the way the market is at the moment we can’t see this really happening as it’s just too ex naive.
Thanks for your help.