Hi all,
We're first time buyer in Auckland (ppor not investment) with an okay budget but one that probably won't get us freehold.
Should cross-lease be avoided at all costs?
An option we're considering has only one other leaseholder, buildings are joined and a decent sized parcel of land.
I can't see much appreciation, but could hold long term as an investment and cashflow later down the line.
Thanks for your views.
We're first time buyer in Auckland (ppor not investment) with an okay budget but one that probably won't get us freehold.
Should cross-lease be avoided at all costs?
An option we're considering has only one other leaseholder, buildings are joined and a decent sized parcel of land.
I can't see much appreciation, but could hold long term as an investment and cashflow later down the line.
Thanks for your views.
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