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    Are you scared of buying more IPs? Instead of having ...............

    Hi Rugrat. Thanks. Actually, the fear is good and it helped me to do checks on my financial position, I analysed our financial situation and read some books, forums and talked to financial advisor. I learned that If we do not have fear, we may take blind risk instead of taking calculated risk...
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    Are you scared of buying more IPs? Instead of having ...............

    It took us almost 9 months to overcome our fears. We made a decision to buy one more IP instead of all negative news and interest rates fear, we put an offer last week for a 4X2 on 550m2 for 348K in Thornlie 6108. Offer has been accepted and again new journey on rocky road will start with more...
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    Are you scared of buying more IPs? Instead of having ...............

    $22000 is mortgage payment per year. Thanks.
  4. I

    Are you scared of buying more IPs? Instead of having ...............

    I can see , we all have some sort of fear but Biggles: I like your quote.............the bad times (hopefully) don't last forever. And Rugrat: Thanks for your tip that is “to look at the absolute worst case scenario and ask yourself, can I live with that? Then you will have you answer as to...
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    Are you scared of buying more IPs? Instead of having ...............

    Are you scared of buying more IPs? Instead of having two steady incomes and pre-aproval of 90% of loan. We pay mortgage for our PPOR and 3 IPs. We still want to buy one more IP. Total taxable income is $150K and mortgage for PPOR is $22000 and topping up $23000 to pay interest/rates etc for 3...
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