All Topics / Help Needed! / need advice

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  • Profile photo of sevenseven
    Member
    @seven
    Join Date: 2004
    Post Count: 3

    Hello,

    i currently have 2 investment propertys. what i am seeking advice on is that i have $100,000 avalable to redraw on one of my propertys. I am thinking of putting deposits on 5 houses in nz. the only problem is i am on a disability support pension, and i am worried about not fufilling my loan requrments. My main aim is to own my own house and use other peoples money to support my lifestyle. Any suggestons?
    u can also email me at [email protected]

    b.wellington

    Profile photo of yackyack
    Member
    @yack
    Join Date: 2003
    Post Count: 1,206

    I cant offer any advice on New Zealand.

    But a friend of a family who has a property in a regional area has told me that when you dont live near a property everyone likes to take advantage of you. From agents to repairmen to tenants etc.

    Profile photo of MonopolyMonopoly
    Member
    @monopoly
    Join Date: 2004
    Post Count: 1,612

    Not to mention the ones at your own front door!!![blush2]

Viewing 3 posts - 1 through 3 (of 3 total)

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