I have to add to what I said before…Getting into the housing market sooner rather than later if you are able, is best. It's never going to be a better time than now. Housing prices always (over time) go up. Keep in mind that there is usually less of a market for 1br units as opposed to 2-3 br, so if you do need to sell in a hurry, 2br would be…[Read more]

My BIL is cunning and had obviously obtained enough information to fraudulently obtain accounts and loans in my husbands name. BIL has convictions for grand theft and drug offences. He was using my hubbys car for a while saying he needed it to get to job interviews. He received parking and speeding fines and hid the evidence until we changed the…[Read more]

I'm trying to get into my own place too, but I know that if I were in the same position as you are now, I'd do it! You need to ask yourself… "What's the worst that could happen?" Then decide if you are prepared to wear the consequences if it did happen. You could consider getting a boarder/mate to live with you. Make sure you get a legal…[Read more]

Thank you Terry.    I'm a little concerned about having so little equity to start a loan with. Will take too long to be able to start acquiring investment properties with no equity to leverage. Would it take less time to wait a few more weeks to have a more substantial deposit than 5-10%, or is my mode of thinking flawed. I lack experience in i…[Read more]

Thank you so much for your replies. I'm very pleased to tell you that, not only have the debts been paid, but there have been no new debts in a few years. My Brother-in-law thankfully, does not know where we live and does not currently have enough information to be able to incur new debt in his brothers name.