As some of you may know, I have recently purchased an investment property which is getting built at the moment and will be due to settle in 4 or 5 months. Anyway, I was wondering, how do you guys feel about buying more ip's whilst waiting for one to complete? I've found two I'm interested in which will be completed in about 18 and 30 months time respectively. Is this generally enough time apart to keep the banks happy? Or will I have trouble when it comes to settlement time.
Just some info on my situation: I have a 10% deposit + stamp duty saved up for each and would be looking to finance the other 90% on each property. Sound doable?
Just some info on my situation: I have a 10% deposit + stamp duty saved up for each and would be looking to finance the other 90% on each property. Sound doable?