Hi,
I thought I’d try posting this on this forum as well.
Mt husband and I earn $90,000 between us and this includes the income from the current IP.
We’d like to buy a new IP that has been reduced from $625 to $495 because the owner desperately needs to seel. Even if I could get the price down I don’t think we could afford it, unless anyone has a good idea. In a good market the property would easily sell for $650 which is why we’re keen to buy and hold.
Current IP has $246 owing and is worth around $320
We have 2 edependants.
Help please.
Thanks
Landt.