All Topics / Finance / Sunshine coast and money

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  • Profile photo of rpbrownrpbrown
    Member
    @rpbrown
    Join Date: 2005
    Post Count: 29

    Hi all! I have a couple of questions related to a previous post.

    Firstly , does anyone have an opinion on investing in Sunshine coast units (as an owner occupier)as opposed to Brisbane or Gold Coast?

    Secondly, How wise is it to try and purchase something there for about $260,000 when you have zilch money.?
    The scenario is that being self-employed with ABN number I could get a 100% loan with Wizard home loans but could I afford the reapayments. The business is growing and in this present financial year my grossd income will be approx. $44,000 growing to about $53,000 in the next financial year and hopefully more the next. . I must confess although I have used the first person this is my brother’s dilemma. He is 53. Thanks guys
    I love this site. I am learning so much from all you contribute.

    N. Brown

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