Hi everyone, I need some advice from experienced gurus here about what possibly would be my next move? I know your advice will be based on the limited info I provided here but they could give me the valuable tips to do my homework and move forward.
Summary
I built my own house in CHC (4 beds), few years later I used the (20%) equity to build a negative gear 3 beds in the same area which is well under development. I'm going to hold this one for long time. Both these properties are with the same bank. Now I'm in a position to pay about $70,000 for a deposit and have some plans in mind but still checking and not quite sure what would be the best thing to do. I really appreciate it if you can advise me what should I do next in your opinion?
Summary
I built my own house in CHC (4 beds), few years later I used the (20%) equity to build a negative gear 3 beds in the same area which is well under development. I'm going to hold this one for long time. Both these properties are with the same bank. Now I'm in a position to pay about $70,000 for a deposit and have some plans in mind but still checking and not quite sure what would be the best thing to do. I really appreciate it if you can advise me what should I do next in your opinion?
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