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  1. Propertunity

    Sell or Rent?

    ag, post this Q in the Finance section of the forums and a MB/MBs will give you some options.
  2. Propertunity

    Sell or Rent?

    Just looking at your numbers, you have an old PPOR worth about $450K on which you only owe $270K. The $470pw rent you get more than pays the mortgage on this one. If you wanted to buy a 2 brm unit for $220K you'll only need say $50K for a 20% deposit and stamp duty. Any lender will stump up...
  3. Propertunity

    Sell or Rent?

    Mostly the gurgling sound of the great wads of cash getting flushed :eek: Which is why a lot of forumites don't recommend it (me either). Why incur REA comms to sell & then stamp duty to buy + legals (in & out) + loan fees etc especially when the old PPOR turned IP is cf+ :confused:
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