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They charge high fees and the banks that you are forced to go with charge high interest rates. Not recommended!
I too was pursed by their sales people … they made it sound so irresistible and tempting. They claimed the rent and the tax variation would cover all the costs … NOT TRUE. They do not cover the loan repayments … and they 'forget' to mention all the other costs … home and contents insurance, landlord insurance, rates, water charges, repairs, agent fees for managing your property …
Falling for their sales talk was by far the worst decision I ever made.
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