Recent content by rocket22

Thanks Marg and Rolf, Yes Rolf i was thinking of using the extra cash to pay off my PPOR but i knew there would some kind of tax implications regarding capital gains. I want to do a renovation/development/flip to generate some cash to reduce my debt on my PPOR so i might use the equity from...

Hi out there, I currently have an IP worth 330k and owe 230k on interest only loan, my question is how can i the extra 100k equity out to put to my own mortgage? any suggestions would be great. Thanks

Well done Rob!, It was just the message i was after to spur me on further, I look forward to seeing more of your inspiring stories in the future. Cheers Rod

Thanks for that, yes i did mean Vic.:o

Hi everyone, Im a newbie to this site and luv it!! My question is im looking to invest in a house in/around Burwood, Typical 3/4 bedder, needs a minor makeover (paint,floors,clean up etc) just wondering what the long term outlook is for this area CG AND Rental yeild?