Hi, hoping for ideas..Maybe Warnie can suggest something?
I purchased an owner occ last year and have just turned it into an investment property (and am now renting myself). I purchased (inner west Sydney). I want to buy again but have limited equity due to only owning for a year.
1) How does someone in my position with limited equity in their current investment property acquire another??? I don't want to wait 5 years for my equity to increase to buy another one then!! Are really increasing my income (servicing) or increasing my deposit the only ways when you have limited equity?
I want to purchase inner circle sydney but not likely i know, any other suburbs or maybe look at Melb or other capitals?
Any ideas/feedback would be really appreciated.
CSL
- Forums
- Property
- need some property ideas
need some property ideas
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online