Yes Thank you all, what a great enthusiastic bunch you all are .I am pleased with the response
yes the true profit will be $200000 taking into account all costs I can see that if I refinanced and put that money into my other project that the rents would even out but I really want to sell , its just finding the least painful way.
Thank you all.

thank you so much for that information ,,,The property is in my personal name so i feel a lot better now
I can handle $45000 loss dont like it but can live with it..again thank you

Ok why not put a garage at the back make it into a granny flat another $120per/week if the house is 4 bedrooms put a new kitchen in the garage put in a divier wall and lease it as 2 flats at $150 each

Hi what a great buy …you should look in casino in NSW the people can’t get renters in that area they are in such demand We are building 3 new homes in the area as we speak we will sell two and keep one for our selves as we have also other projects lined up.

Dont know if this will help
I have a friend who wants to sell so he can go back to NZ..He has a duplex 2x3bedroom Brick units each with single garage land size is 1050 both units are rented one for 5yrs I for 18 months . they are in Lismore approx 15 minutes from ballina beach and 1/2hour from byron bay selling for $460000 other s in the area are…[Read more]

Thank you for all the information I am 40 and not retiring yet and if I refinance the property would not command enough income for what I need.

Where in Qld are you ?may be I can help I am always avaiable to explain how the system works I have helped other newbys
ezy.home.loans@samford.net

Where in Qld are you ?may be I can help I am always avaiable to explain how the system works I have helped other newbys
ezy.home.loans@samford.net