The more I look at this forum the more questionsI have- I don’t where it’s gonna stop!

Correct me if I’m wrong.
So really all you need is a cash deposit to cover the 10% and closing costs to secure a property. Once the property is secured you can then negotiate a wrap. The differnce in loan repayments between the wrapper and the wrapee? making up…[Read more]

Sounds like a good idea. The beauty of it is that I won’t be touching my equity from my home and still be gaining a positive cash flow. Thanks for your advice.

HI AD

Thanks for your reply.
I owe about $140 000 for the property. As I said it’s neg. geared and rented for $190 P.W. I contribute $994 per month in P.I loan repayments. I recently got it valued and was told I could get up to $155 000.

Regards