Ok, everybody, i need some advice. My situation is as follows.
I have an Ip at Upper Coomera , Qld Town house double garage etc, on the coomera river. I have borrowed maximum on the property.
I have 150k approx in cash, and i am currently renting closer to surfers paradise for close to what i am getting in rent for the town house in Upper Coomera. I am looking to either keep renting , but in another unit, sell the town house, or purchase another unit which would be around 420k mark to live in and the repayments would be quite large in comparison to the rent..? ps. i also need another car (looking to spend 30-50k) any advice appreciated!!
Thanks
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