facebookWld u buy a 2nd property if you need to - pay $145k absd - property already leased out for2.7k monthly - maintenance 200 monthly - loan is 2.9k for 20 years - after paying 300k plus for absd bsd 25% - Seedly

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Anonymous

02 Oct 2023

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Property

Wld u buy a 2nd property if you need to - pay $145k absd - property already leased out for2.7k monthly - maintenance 200 monthly - loan is 2.9k for 20 years - after paying 300k plus for absd bsd 25%

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Suggest examing your objectives for purchasing a 2nd property, runway for servicing the mortgage loan, etc. Any thought of F.I.R.E has to be temporarily set aside for this venture too.

Hi! before you start going about buying a second property, take a look at this article. It discusses what you need to know before going about getting another property!

Larry Mah

02 Oct 2023

Property Agent at Propnex

Hello Anon,

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Have you factored in on much is your property and income tax per year after tax? Kn...

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