Hi all, I would like some help with deciding when to buy or move.
Option 1
Current property worth $460-470k, $150k equity, $2300 mortgage
Do i move into another cheaper house with a 200k mortgage, then rent the existing house for 6months then sell the existing house, buy two more ip with the surplus funds and start that way or
Option 2
Sell this house first, rent and buy three ip?
Looking to buy in Minto or mount Druitt
Option 1
Current property worth $460-470k, $150k equity, $2300 mortgage
Do i move into another cheaper house with a 200k mortgage, then rent the existing house for 6months then sell the existing house, buy two more ip with the surplus funds and start that way or
Option 2
Sell this house first, rent and buy three ip?
Looking to buy in Minto or mount Druitt