Investor
Scenario
Mr Stephens is a full time IT Consultant. Mr Stephens is looking to purchase a house and land package as an investment so he can generate a rental return to assist with paying off his loan quicker. Mr Stephens has saved up 20% plus stamp duty to assist with the transaction. Purchase price is $300,000 and Build is $250,000.
Hurdle
Client is purchasing property in a high density area.
Solution
Mr Stephens was able to purchase this property with no restrictions on the LVR due
to the property being in a high density area.
Mr Stephens has now generated additional income from this property which has
assisted his cash flow from his income. Mr Stephens was able to use his income to go
on a holiday while his rental income make his loan repayments.