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So my goal is basically to get an investment property, and continue to rent my own place, and to just let the IP sit on the back burner. Peace of mind that I have an assett under my belt. I have been working 3 casual jobs for about 4 months and starting to tear at the seams a bit. I am only...

Hi guys I'm hoping to be purchasing an investment property (if everything goes well) but I'm having trouble understanding something. So I'm looking at lenders and finding out how much I could borrow for a potential property, for example. Now it's going to be an investment property, not my...

I am a low income earner (<$40K p/a) I have no partner or children. It will be a little while longer before I can apply for a home loan as I recently started working after studying. I am still unclear on how much money I will be able to borrow, but I just wanted to get a ball park figure...

So I'm trying to wrap my head around this whole equity thing, here's what I know; 1) Equity is the value of the house that you currently own, I get that. 2) You can get loans from the bank using your equity as security. My knowledge gap; 1) When I am a first home buyer, I have no equity, no...

Hi everyone, I've been lurking around these forums for a couple years now and only joined recently. This week I'm posting a thread out of a strong desire to finally take action. What kick started it is actually kind of funny, and sad... I'm 31 years old, and have wanted to buy an IP for the...

Example; http://www.realestate.com.au/property-unit-qld-eagleby-117607347 Does anyone have experience with buying these as IP's? Pros? Cons? Thanks!

So I have an interesting situation. My goal is to purchase an investment property in the next 12 months, I work part time and as a result, have a pretty low (taxable) income stream. But I have a passive income from overseas, which is a monthly gift from my Aunt. Let's make it $500 to make...

After reading a few books on property investment, and a few magazines about it, I've got a question about cash flow positive properties. Basically I see article after article about house-hunters saying they can't find CF+ properties anywhere. Also articles about "Where to find CF+ properties"...

So long story short, I'm looking at having bought my first property by the end of 2015 however I know banks are hesitant to loan me due to my low taxable income. Thing is, I have an income, it's a very unique situation where I receive monthly "gifts" from overseas (family trust account, of...

I'm in QLD and looking at the idea of adding a granny flat, in future, to the back of my PPOR, living in it, and renting out the main house (potentially). I live in QLD. Any success stories where the flat has increased the yield? I am aware that in QLD at least, for someone to live in...

Hi everyone, this will be my first post, so please be gentle... I've finally set the goal for myself that by the end of 2015 I want to be settled into my first home. Some background: - I'm in my late twenties, unmarried, no kids - I'm working 2 part time jobs with no chance of going full...