Thank you @Qlds007, @patocaballo, @bangers01 and @lauriek for your help. I really do appreciate it. Bangers, you touched on a concern I had in regards to the over-supply of units in inner city Brisbane. There appears to be new ones popping up all over the place in the next 12 months. I wasn’t aware of Buyer’s Agents. If not too expensive, this…[Read more]

You must have a cashflow problem in the eyes of the banks, otherwise you would qualify for servicing.

@Lauriek

1. I don’t have a cashflow problem. Never have. My IPs are self servicing taking the tax incentive into account. My prob is servicablity.. which if I want.. I can always go to CF method to enhance my serviceability down the track as I already build up my equity base over the years.
2. Compound does work the same way, just on different r…[Read more]