Kasun
| 19 Nov 2013, 04:27 PM
Agree
0
Hi, I am looking forward to my first investment property. My question is ; is it best to buy an already built house ( nearly new) or to go far a land and build a house and rent it. I understand that if you go for an already built house you can get a rental income straight away but one property brocker adviced me , the stamp duty you save from building is much more than buying a house. The package he outlined to me is 395k for land and house package and garanteed to finish in 6 months. Any further delays would be compensated by builder. I am palnning to buy in Epping in Victoria and go for a 95% morgage. Appreciate your advise.