Q1) Am I eligible for any grant? what are the implications for applying the grant?
Q2) I am self employed so my pay is not a fixed amount every month so I don't know if the bank will approve my loan. Can you give me a specific example of how much money should I be making per month, the monthly instalment and the value of the house I can afford in scalable terms. Meaning if you give me a $1,000/mth pay example, I can still mutiple that amount to match my current average pay amount.
3)I plan to invest in properties for rental income after I fulfil the 5 year MOP. My concern how much is the upfront cost,whether is there any other rulings that I need to know(i.e 5yrs MOP),no tenant to cover the monthly mortagage and whether is it possible for rental income to completely cover the monthly mortagage?