Ok, I’m really the odd one out here… My name is Melinda, I’m 34 and live in Canberra. Single mum with a 5yo daughter. I’m just back in work this year after three years of only working part time to look after my daughter. I’m working on buying a ppor late this year/early next year so I can start building equity and looking at buying ip’s in the future. I’m learning so much by reading all the posts on here! You are all so helpful! []

So if you keep an eye on the area it is quite possible the properties may come back on the market soon when the investors realise they have jumped in the deep end without a life jacket!

I’m a real newbie to all this and learning more each day! Could someone please explain what you mean by “capitalised interest”? How does it differ from ordinary interest? Thanks!