if you pick the property up for 115k your repayment per week should be around $125 per week + expences aprox $45 per week so you do the math these figs are from my own experiance depending on age of property not a lot of profit but a bit………………………………………………………………………….
as far as negivive gearing goes as long as you have equity in a property you can borrow the full purches price including all costs so no deposit is nessasery if you positive ly gear a property you have to keep your borroed amount down as low as you can so that you make more money week to week.
but in saying that it is still posibal to be able to…[Read more]