Say someone was negative geared around $30k (before nay tax refunds)...
Say they stumbled on a few hundred k cash .. (cause they certainly don't have it in equity)
would the below be a decent entry commercial and way of making a portfolio netural (well acutally, at this rent return and use of a deposit as reuired the bank, it might well be c/f positive):
$132 rent
Loan $1m (?)
Interest Bill $ $80k (?)
= $52k
less $30k for current ip's = $22k +ve (?)
http://www.realcommercial.com.au/cg...header=&cc=AU&c=55864204&snf=as&tm=1286190399
hmmmm...
Say they stumbled on a few hundred k cash .. (cause they certainly don't have it in equity)
would the below be a decent entry commercial and way of making a portfolio netural (well acutally, at this rent return and use of a deposit as reuired the bank, it might well be c/f positive):
$132 rent
Loan $1m (?)
Interest Bill $ $80k (?)
= $52k
less $30k for current ip's = $22k +ve (?)
http://www.realcommercial.com.au/cg...header=&cc=AU&c=55864204&snf=as&tm=1286190399
hmmmm...