Forum Replies Created

Viewing 3 posts - 21 through 23 (of 23 total)
1 2
  • Profile photo of SpandexSpandex
    Member
    @spandex
    Join Date: 2011
    Post Count: 24
    July 3, 2011 - 11:43 pm

    So aim for a cheap shack, still pay my 35k tax a year. Over buying a new house that costs me something out of pocket?

    Profile photo of SpandexSpandex
    Member
    @spandex
    Join Date: 2011
    Post Count: 24
    July 3, 2011 - 10:46 pm

    It was an idea, not so much a path hence why im asking for advice.
    I will be making extra repayments onto the loan when I can.i want to build my income up high enough to have a pos geared investments, but at this stage starting with very little what is my best path?

    Profile photo of SpandexSpandex
    Member
    @spandex
    Join Date: 2011
    Post Count: 24
    July 3, 2011 - 9:53 pm

    I am on my phone so I will keep it short,
    My goal is to build long term wealth, I do not plan to sell this place.
    I am reno’ing my current house for a resale profit, I want something I can use to build wealth on
    The side. I will then use my current and newly built house to borrow for developing.

Viewing 3 posts - 21 through 23 (of 23 total)
1 2