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  • Profile photo of laralara
    Member
    @lara
    Join Date: 2004
    Post Count: 2

    I have a real dilema. Never invested before, but definitely want to get started. I am currently renting and happy doing so. Should I take advantage of FHOG and no stamp duty on own home (qld). Or should I forget all that and use my deposit to invest straight away into investment property??

    lara

    Profile photo of MyydralMyydral
    Member
    @myydral
    Join Date: 2003
    Post Count: 259

    Welcome to the forums. If you happen to use the search function provided, I’m pretty sure you will find some answers to your questions :)

    “Looking forward to the day when I can tell the boss where to go”

    Profile photo of laralara
    Member
    @lara
    Join Date: 2004
    Post Count: 2

    Thank you, I have done as you suggested.

    lara

    Profile photo of Robbie BRobbie B
    Member
    @robbie-b
    Join Date: 2004
    Post Count: 2,493

    I think you answered your own question when you said you are happy renting. Buying an investment property might be the way to go.

    Regarding the FHOG and stamp duty benefits, these may be stopped at any time so no-one knows for sure if they will be there later. You could always buy an investment property and live in it for 6 months and then go back and rent again.

    Robert Bou-Hamdan
    Mortgage Adviser

    http://www.mortgagepackaging.com.au

    Investor Links

Viewing 4 posts - 1 through 4 (of 4 total)

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