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Yeah, but is he going to be happy with you for pushing him? He might not think you're helping him. WE know the value of buying a property young. The reason why most people don't buy IPs is that they don't have the patience to wait, and/or panic in the short term. Say your friend buys the...

Richard, how much would your client have to make to be able to provide serviceability to a loan of $1.6m? Surely most of that would be serviced by the property itself? Alex

Stockt12, this is a completely unsolicited comment, but your friend doesn't sound very committed to property. He doesn’t seem to be actively doing anything, and is just depending on you. It’s one thing to ask others to get their knowledge and experience, but it’s another to be uncommitted...