Recent content by petehe

Thanks for your reply Rolf. Beacuse of both properties have been used to secured the second loan, how can I calculate what's the available equity left from my home for the loc?

I got my second property secured by itself and my home. Can I take a line of credit against my home or I have to take it out against both properties?

Thanks for everyone's input, it gives me a bit of confidence to buy again.

Recently the property has been very hot in Melbourne around my area (southeast). Some of the property has gone up 20% in the last 9 months. Is it still a good time to buy in or we should wait for it to cool down.