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    Newbie Investor - CG or CF?

    One option I have had clients do is buy in outer Sydney, large enough block with existing house ($240k) orientated so they could put a granny flat (GF) on it. It did 2 things, once the GF was finished (they had to pay cash from equity to do it ($70k)), got it revalued and refinanced but more...
  2. G

    Newbie Investor - CG or CF?

    Tuula, You need to decide what strategy you are going to undertake and the time frame. Then do the numbers to see what the next step needs to be. As Danwatto indicated, $54k income does not give you a large servicing capacity, so you need to build that as quickly as you can. You have...
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