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Hey Guys I have a couple of questions that I am sure are easy for you (not so much for me). Looking at regional IP with reasonable land (700m2). Ideally like to purchase and rent existing. Purchase $200k, rent $230pw. House is at very front of block and guessing about 450-500m2 left at the...

Hi Guys I have a mate (no it really isnt me) who wants to purchase a new owner occupier and keep their existing property and turn into IP. Unfortunately they have paid down their debt rather than offset and IO. Their rough scenario is this - Current O/O (joint tenants) - val $600k Debt -...