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  1. M

    First Property guidance please!

    Alex/Rolf Apologies the MB schedule was done on 1 April 08 so interest rates are different now. My goal is to obtain an asset that I can build on from there - if I was to buy an IP, I lose the stamp duty exemption in NSW - so I my initial thought is to buy and live in it for a while would...
  2. M

    First Property guidance please!

    Hi Alex The MB provided me with a funds requirement summary on $400k - IO at 8.27% - monthly repayments of $2,678 This doesn't take into the equation council rates and other payments I would need to make when I am in the property I earn $100k so feel I have the capacity to make these...
  3. M

    First Property guidance please!

    Dear All Firstly can I say what a wonderful site - I have read through this over the last few months and its given me some really good insight and motivation to read - have finished Jan Somers book and Steves book which was great! I am not sure whether what I am going through currently is...
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