Hi, just wanted some people's opinion....
We have two investment properties and are currently renting a place ourselves. We would like to buy a house to live in as we hate renting!! We have a 80000 deposit. Do you think spending the 80000 on an owner occupied house is the wisest thing for us?
We are going through a few options....
1. Should we sell both houses and buy a house outright to live in and start out again, buying investment properties, or
2. Keep renting and use the 80000 on other investment properties, or
3. keep both properties and buy our own to live in??
Any advice or ideas would be much appreciated, thanks
We have two investment properties and are currently renting a place ourselves. We would like to buy a house to live in as we hate renting!! We have a 80000 deposit. Do you think spending the 80000 on an owner occupied house is the wisest thing for us?
We are going through a few options....
1. Should we sell both houses and buy a house outright to live in and start out again, buying investment properties, or
2. Keep renting and use the 80000 on other investment properties, or
3. keep both properties and buy our own to live in??
Any advice or ideas would be much appreciated, thanks