Yes! its a relief to finally be able to breathe again,
some of you will know that Ive been pretty dead set on purcasing this 2nd property and many have urged me to slow down, which I dont want to do just yet, but now I at least feel satisfied for a little while until the hunger returns, which I have no doubt it will,
I purchased my first about 6 months ago and have been saving heavily since then, Ive been stuttering and have had cold feet about actually going ahead and financing another property for months now,
Ive chosen "the" place about 20 different times now.. this time I just decided to say, enough is enough, the house I bought adds up nicely and is almost positively geared too which helps greatly, it costs me pocket change to hold which makes my final descision even better than I thought it would be, capital growth history is 7%P/A capitalising over the past 5 years with an average CG rate of 11% which is o.k.
Just had to share my joy, thanks for listening!
some of you will know that Ive been pretty dead set on purcasing this 2nd property and many have urged me to slow down, which I dont want to do just yet, but now I at least feel satisfied for a little while until the hunger returns, which I have no doubt it will,
I purchased my first about 6 months ago and have been saving heavily since then, Ive been stuttering and have had cold feet about actually going ahead and financing another property for months now,
Ive chosen "the" place about 20 different times now.. this time I just decided to say, enough is enough, the house I bought adds up nicely and is almost positively geared too which helps greatly, it costs me pocket change to hold which makes my final descision even better than I thought it would be, capital growth history is 7%P/A capitalising over the past 5 years with an average CG rate of 11% which is o.k.
Just had to share my joy, thanks for listening!