Hi Everyone,
Just wondering if i can get some legal advice for a 1st Home buyer.
What is the case if i decide to buy an investment property first and live at home for a few years as a lifestyle choice- Do i relenquish my 1st home buyers grant when I do want to buy a property for myself down the track?
$7000 is alot of money to ignore.Im 24 now and have $15,000 saved for deposits and other costs- Is there anyone out there that can give me advice on whether to buy for yourself first or go investment?
Especially in my area the property prices are high to enter the market
Cheers.
No – buying an IP wont hurt.
Just don't live in it.
In regards to your first home owners grant it is only applicable for your Owner Occupied properties. The best thing to do is contact the State Revenue Office in your state who administer these grants for further advice on how it works.
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