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thnx for your help guys, just have one last question, and that is how is stamp duty calculated?
i wanted to no, if you are paying ur interst only for 3 years, and then u decide to pay capital + interest, how much extra will u have to pay? suppose the loan was 100k and interest was 7%?
oh rite, thanks for your help sis
u ppl, talk about 25% returns but where in the world do u find them??
I have been searching all over the outskirts of Sydney!
Please get bak to meKaran
i would use your share in your house to show the banks that u have equity and take out a loan to buy about 4 or 5 houses with the 80k you have.
Think about an offset account as wellKaran
personally, i don’t believe that an internet site would be able to predict the price of a property for five years. And if it can, i know for a fact, that it could not be accurate. Take this real estate boom we’ve had since ’92. The average appreciation for the past 11 years has been 140%, 43% more than predicted by professional real estate forcasters. It reasons like these, that i wouldn’e trust these type sites, but that’s just my opinion
CYA
Karan