Hi,

I have been given conflicting advice on how to structure loan for an investment property:

1. 80% fixed, 20% variable, with an offset account).
2. 100% fixed.

I would be borrowing roughly 280/300k. After comments on pros and cons of each strategy considering todays economy. Thanks,

Keith

I’m a first time investor, 25 years old – looking to purchase my first investment property with a budget of 300-350k max. I’ve been studying the market as well as speaking to other successful investors and I’ve narrowed my target area down to:

1. Morayfield area (3/4 bed house, 600m2 +) block.

2. Southport/Labrador area (2/3 bedroom unit, low…[Read more]