“I wouldn't use the funds to buy investment properties. I'd be using the funds to reduce my owner-occupied debt and then leveraging to buy investment properties.”
this is property · 840 upsizing in Sydney, should we build a duplex, commercial property & sell vs rent out old PPOR
Play from 15:40
15:40
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What was described
Suggest using surplus cash to reduce owner-occupied debt before buying investment properties
Said nearby on the same subject
“Buy investment grade assets... Use leverage wisely... Hold for the long-term... Invest in the right structures... Manage your cash flow.”
MY
Michael Yardney / Metropole team
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast ·
“Number two would be paying principal and interest repayments on your tax-deductible debt when you also have owner-occupied debt… preserve that, don’t pay it off”
“Buying a great tax-free family home where I can value add tax-free, cash equity out tax-free, and then fundamentals. Aim for that asset to be debt-free buy when you want to retire.”