Chris.R_WA replied to the topic First home buy vs IP in the forum Help Needed! 18 years, 6 months ago
Hi guys,
Thanks for your insights and experiences. The 330K-350K was only ballpark, based on a very conservative estimate of our borrowing capacity (assuming 10% deposit), though I can understand the issue with NTDD. We are just fairly keen to get into the market as soon as we can, CG is great… but only if you are already in the market!! As u…[Read more]
Chris.R_WA replied to the topic First home buy vs IP in the forum Help Needed! 18 years, 6 months ago
Thanks tgavin,
We do have a regular savings plan and are pretty well budgeted. I guess what I was trying to get at, is that we will obviuosly save the required deposit for a 170K IP a lot sooner than for a 350K house we would like to live in.
We are both are keen to get stuck into property investing but also need a PPOR (renting at the moment).…[Read more]