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  1. S

    What do you pay, what do banks pay?

    Thanks for all your help! It's certainly cleared a few things for me in my head. Now I need to start researching lower priced, further out properties as I was hoping initially for an inner city (10km) radius from melbourne.
  2. S

    What do you pay, what do banks pay?

    Thanks for your answers so quickly! 500k was just a figure I used to make the example easier. I have no existing property security although I do have around 80k worth of shares. I'm currently living with my parents so I plan to rent out the bought property. As for the range of a starting IP...
  3. S

    What do you pay, what do banks pay?

    Hi everyone, I'm a first time investor and have been following the forum for the last few months. I've been inspired to 'get my hands dirty' and take the steps to buy my first property. I've setup a HDT and have received a pre-approval for a loan. Backwards as it may seem, I'm not quite sure...
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