Total Members: 158,380

koons

  • koons replied to the topic First time investor/home ownership in the forum Help Needed! 16 years, 12 months ago

    Yes agree that renting would be wasting money. But if i bought and lived in the house, i would be so highly negatively geared that i won't have much capacity left to do property investment. Will have to take a 95% loan i think as stamp duty already cost $18k approx. Unless of course the property's price went up and i had additional equity to play…[Read more]

koons

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