Hi all,
I have 4 IPs now with following structures:
1) WA - loan $360K - estimated value $420K - IO Fixed for 3 yrs at 4.84%
2) NSW - loan $410K - estimated value $520K - IO Variable around 5.16%
3) NSW - split loan -
(i) $185K P+I, fixed at 4.84% for 3 years
(ii) $260K IO, variable...
Hi all,
My first post!
I'm looking at buying an IP in Bells Reach (South Caloundra) - any comments on if its good or bad move in terms of ease of renting/capital growth prospects, and any other issues (heard rates are very high here?!)
Anyway, been reading through few other threads...