All Topics / Help Needed! / rent 2 own

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  • Profile photo of Ben Belinda DeanBen Belinda Dean
    Participant
    @ben-belinda-dean
    Join Date: 2007
    Post Count: 1

    Hi My name is Ben
    we already own a 3 bed room house in N.S.W market value Two years ago was 140k we still owe 115k it is rented out for $165 a week. but we are living in Vic now and we are renting we would like to buy another house but we do not have enough equity or deposit so we would like to rent two own. we would like to to it our self fast, what the best way to ask the seller how do we go about it. more we pay off the deposit the better.
    Thanks Ben

    Profile photo of CanberraClaireCanberraClaire
    Participant
    @canberraclaire
    Join Date: 2005
    Post Count: 47

    Hi Ben

    There are some experienced investors in Vic who would be happy to help. It depends on what area in vic you are looking for – but get in touch with the webuyhouses website, and they can help you out by arranging things for you or helping you start investing in that way if that's what you want. Sorry i don't work down there, but best of luck!

    CanberraClaire | Capital Buyers Agency
    http://www.capitalbuyersagency.com.au
    Email Me | Phone Me

    Exclusively for property buyers

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    Are you sure you don't have the equity for a deposit?  I suggest you speak to a decent broker and fully explore your options before signing up to a more expensive option.

    Ciao,

Viewing 3 posts - 1 through 3 (of 3 total)

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