All Topics / General Property / keen but lost

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  • Profile photo of archie13archie13
    Participant
    @archie13
    Join Date: 2012
    Post Count: 1
    January 12, 2012 - 10:07 am

    Hi everyone
    I’m new to the forum and have a question, I want to get into property development/investments
    I don’t have my own home earn $63 grand a yr with two dependents so the banks don’t seem to like that what is the best strategy

    Should I be buying a home first or IP? There also seems to be all these courses I looked at that say you can get into deals etc for little money down are these courses worth the money?? As the thought has crossed my mine to do a course first so I may make better dicisions. Any info or direction would be great
    thanks archie

    Profile photo of Jamie MooreJamie Moore
    Participant
    @jamie-m
    Join Date: 2010
    Post Count: 5,069
    January 12, 2012 - 9:25 pm

    Hi Archie

    Welcome to the forum.

    Prob best to have a chat with a broker/banker about your borrowing capacity and the feasibility of either purchasing a PPOR or IP.

    Cheers

    Jamie

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

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