Some great questions and suggestions Benny & Corey – thanks.
In regards to what’s been discussed and some of the questions raised, I’m thinking of the following solution: I believe the value of the property would drop by at least 20%. If I were to bolster current equity by using some savings in an offset account to bring the equity and offset to…[Read more]

Thanks Tony and Richard. I’m looking for a broker with plenty of years of good experience and think your advice Tony re engaging someone who is both investor & broker is a wise idea – thank you! I’m in a bit of a sticky situation – I bought the property 3 years ago under negative gearing…. realising this was a mistake about 6mths later. It…[Read more]