Search results

I’ll haven’t borrowed in 10 years not going to start now. I’ll have to wait it out & hope it increases enough...

Yes sorry I would just have to increase my debt by the 25k and pay it off. Ideally would wait until we could at least break even but I don’t want to miss the chance to get rid of a large mortgage.

Definitely no more debt. I suppose my concern is that we’re at the peak now so it’s the best time to sell even at a loss. Otherwise I’m gambling on it being worth more than 235k in 14 years, that we will keep tenants in it that long, and that everything else remains the same too (in terms of...

Current state of play: Gross income: 70+40 = 110k p.a. Civil / public servants. Ages mid 40s. Mortgages / loans Home value = 330k, mortgage 180k 15 years left Investment property = 235k, value 210k+. (Rent 1100 pm. Current market rent 1400). Monthly profit after tax & mgmt fees etc approx...