Thanks for that. I now understand how it may be possible. I will look further into opportunities in rural areas that are cash flow positive.    I’m also trying to work out whether I should continue with development. Basically my current plan is to find ways to add value through renovation or building.  I don’t believe $100,000 equity is enough…[Read more]

Thanks Duckster for you reply, however i am quite aware of the gst implications and have already registered to claim as much back as possible. Thanks handy andy, i cant see how i could afford to purchase 2 further investment properties with only $100,000 equity? ie. i could borrow 70% of this on a low doc loan which would give me $ 70,000 which i…[Read more]