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jo

  • jo replied to the topic should i invest with equity? in the forum Help Needed! 8 years, 11 months ago

    Where are they situated?

  • jo replied to the topic should i invest with equity? in the forum Help Needed! 8 years, 11 months ago

    Article was very informative!

    I was thinking of using a buyers agent. Would their fees ve tax deductible if i use it to find an ip?

    Any good buyers agent in sydney?

  • jo replied to the topic should i invest with equity? in the forum Help Needed! 8 years, 11 months ago

    My property was valued at $640k, currently i dont have any savings so want to use the equity for a ip for stamp duty etc. Yes i might be over exposing myself if the property bubble does burst.

  • jo started the topic should i invest with equity? in the forum Help Needed! 8 years, 11 months ago

    just got my PPoR valued and have around $88k equity, this is however a 90% lvr, not sure if should get a line of credit as would like to start investing soon

    my loan struture would be
    $488k existing home loan
    $88k line of credit
    $275k new investment loan with a new lender

    or should i wait until i have 80% lvr to invest as i don’t have to pay lmi?

  • jo became a registered member 8 years, 11 months ago

jo

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