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From: Mike .
Seeking Advice From Les, Andrew G, Crystal and any others who have been in my situation!
From: Craig
Date: 08 Nov 2000
Time: 13:35:35
I have saved a deposit of around $30,000, am currently renting, and have a gross income of $73,500.
I am 31, live in Sydney and am looking at buying my first IP, with the plan to buy as many as possible as fast as possible.
With my first investment loan, is it best to go P & I to build up equity to buy my second, or should I go IO from the word go?
Any advice on the best way to start would be very appreciated.
Seeking Advice From Les, Andrew G, Crystal and any others who have been in my situation!
From: Craig
Date: 08 Nov 2000
Time: 13:35:35
I have saved a deposit of around $30,000, am currently renting, and have a gross income of $73,500.
I am 31, live in Sydney and am looking at buying my first IP, with the plan to buy as many as possible as fast as possible.
With my first investment loan, is it best to go P & I to build up equity to buy my second, or should I go IO from the word go?
Any advice on the best way to start would be very appreciated.
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