澳洲Australia property Partnership vs Going Alone? | Sydney
在澳大利亚 Does anyone have recommendations for a floor sander tradie? Am about to rip up the carpets in an IP and need someone in the next few weeks to sand and polish the floor boards. On that note, when in the renovation sequence do you get this job I have just purchased an apartment. The conveyancer has advised that i do not need to do a pest inspection report as my apartment is on the ground floor we have done a building inspection report and everything seeme to be fine. it is an old
Just canvassing some thoughts - what would you do in this situation? We owe about $300K on our ip (also a warehouse that is tenanted). Looking at investing into a warehouse in Sydney - asking price is $800K. We are looking at either buying it ourselves or going in it 50-50 with an uncle under a trust legal structure. Rent would be $50-$60K p/a.
We only have about $150K on hand so if we go alone I doubt we can get a mortgage for it having to borrow 81%....we've went in on property deals before with this uncle - twice. One ended quite well but the other time it was a bit iffy (we weren't really happy with each other).
Why not buy it on your own? heaps of equity.
Speak to a good broker & find out if you can go it alone. It's always risky bringing someone else into your investing.
My opinion: Do it on your own if at all possible, otherwise save up more and do another deal on your own at some point in the future.