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

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,

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

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