TFE replied to the topic Start of our journey in the forum Help Needed! 9 years, 5 months ago
It was a full gift, no need to repay it
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TFE replied to the topic Start of our journey in the forum Help Needed! 9 years, 5 months ago
Thanks for the replies! My wife and I weren’t married at the time she bought, (even though we found the place together and were defacto) and she was gifted a good chunk of money but unfortunately she couldn’t get a full 80% loan at that point due to her employment (and the person who gifted it didn’t want my name on the property, which is fair…[Read more]
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TFE started the topic Start of our journey in the forum Help Needed! 9 years, 5 months ago
Hi,
I was hoping for some advice about my current plans. My wife and I currently own a 2 bed unit in erskineville (Sydney) which has a market value of 800-850k. We purchased the property 2 years ago for 595K. We are currently looking a using this equity to purchase an IP with the intent of turning it into a PPOR in 2 years (put the saved money in…[Read more]
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TFE became a registered member 9 years, 5 months ago
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