Hi All
So I have been searching for another property since mine fell through due to B&P in Jan, the market has certainly been hotter since the start of the year and it's becoming increasingly harder to secure the right property within 7km's of the CBD with the price range I had in mind 450k.
I have been following others posts on Brisbane and am now toying with the idea of purchasing two IP's in either Logan or Ipswich. They would be CF+ and hopefully still have good prospects for CG in the short & long term.
What are peoples views...
Option 1: buy 1 in North or south Brisbane using all my budget which will be CF-
OR
Option 2 buy 2 which will be CF+ from the outset and hope for the CG to follow AND if I did go with option 2, would you go logan or ipswich?
I plan to continue purchasing 1/2 properties per year going forward, hence I presume the CF+ will also be viewed as more attractive by lenders and I don't need immediate equity for deposits as I should be able to save that on my own.
Help greatly appreciated
So I have been searching for another property since mine fell through due to B&P in Jan, the market has certainly been hotter since the start of the year and it's becoming increasingly harder to secure the right property within 7km's of the CBD with the price range I had in mind 450k.
I have been following others posts on Brisbane and am now toying with the idea of purchasing two IP's in either Logan or Ipswich. They would be CF+ and hopefully still have good prospects for CG in the short & long term.
What are peoples views...
Option 1: buy 1 in North or south Brisbane using all my budget which will be CF-
OR
Option 2 buy 2 which will be CF+ from the outset and hope for the CG to follow AND if I did go with option 2, would you go logan or ipswich?
I plan to continue purchasing 1/2 properties per year going forward, hence I presume the CF+ will also be viewed as more attractive by lenders and I don't need immediate equity for deposits as I should be able to save that on my own.
Help greatly appreciated