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From: Mike .
I don't understand which or why
From: Mrs. Curious Onlooker
Date: 14 Feb 2001
Time: 00:15:29
Hello,
'Curious' and I are currently renting.
'Curious' has been reading everything, and now wants to continue renting, while moving into IP's, following the usual (?) formula of buying more against increasing equity.
But,
I don't understand why we aren't better off to buy our own place first, and start with equity this way?
'Curious' sounds right, but I'm not really convinced
Why should we try and buy 1 IP/p.a. versus buying 'home' first?
Can anyone else out there provide some light please?
Thank you, Mrs Curious
PS. 1. We don't qualify for the $7k
I don't understand which or why
From: Mrs. Curious Onlooker
Date: 14 Feb 2001
Time: 00:15:29
Hello,
'Curious' and I are currently renting.
'Curious' has been reading everything, and now wants to continue renting, while moving into IP's, following the usual (?) formula of buying more against increasing equity.
But,
I don't understand why we aren't better off to buy our own place first, and start with equity this way?
'Curious' sounds right, but I'm not really convinced
Why should we try and buy 1 IP/p.a. versus buying 'home' first?
Can anyone else out there provide some light please?
Thank you, Mrs Curious
PS. 1. We don't qualify for the $7k
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