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    Time to start looking at a second property...where to start and am I in position to?

    Valuation came back...$430K Got the valuation back @$430K....fairly happy with that all things considered, the upper end of what I had predicted. Do you use the information in valuation reports for anything other than the $ value? It's an interesting report to read, first time I've had a...
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    Time to start looking at a second property...where to start and am I in position to?

    Thanks for the suggestions! I agree probably not quite ready yet, depends what the valuation comes in at too - bank gave me $40K variation in their 'rough' guide for RPData vals and said that they'd happily lend me enough for what I want if I got about middle of that, Onthehouse website has a...
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    Time to start looking at a second property...where to start and am I in position to?

    I am intrigued as to your 'tread carefully' with CBA comment...can you elaborate?
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    Time to start looking at a second property...where to start and am I in position to?

    Thanks for your reply. Yeah, I thought it might be tight. I will look at getting the valuation done through the bank first then. I don't have any set price in mind for the next property, preferably mid 200-mid 300's I think. The first place I bought was a bit too extravagant for a first buy...
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    Time to start looking at a second property...where to start and am I in position to?

    I think its time to start seriously looking at purchasing my second property....or at least aiming for it in the near future - I'm not sure that I am really in the best position to do it yet though, according to the online bank calculators, I have no chance at all of borrowing enough ($200ish K)...
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