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  1. 1

    Pitfalls of buying now to live in later?

    Yup, my thoughts are similar. Hence the confusion. Think I'm going to dump the software until I've read the manual and just design my own spreadsheet for now :) Cheers Greg
  2. 1

    Pitfalls of buying now to live in later?

    This is my sticking point. I'm pretty new to Somersoft's software, but the best I can get the figures to work out cash flow positive is like 19 years...which is a deal breaker. Hmmm, I'm either doing something wrong, or it's just not a good investment. Think I need to find an hour to sit down...
  3. 1

    Pitfalls of buying now to live in later?

    You know, I actually hadn't considered benefits because I remember reading about a draw back but can't for the life of me remember what it is. So thanks for that! I was certain there was one reason it's a bad idea. It may just be the Capital Gains Tax issue, in which case that's no real...
  4. 1

    Pitfalls of buying now to live in later?

    Hey all, Just seeking some advice, I've been hunting for an investment property on the central coast for some time now, and have accidentally found a place that would be perfect for me as a PPOR in three to five years time. Are there any pitfalls to buying now, renting it out and moving in...
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