Cheers Dwight, good post

BigVman

This is a property for investors seeking cash flow positive property. I discovered the property on realestate.com.au when doing research in the area. If it fits your investment strategy take a look.

http://www.realestate.com.au/property-house-nsw-west+kempsey-116806983

Cheers

• This reply was modified 10 years, 6 months ago by  mba422.
• This reply was modified 10 years, 6 months ago by  mba422.

Terry, after all holding costs are paid, each week the property pays me a passive income of $20 per week.

So in your own opinion, sell or hold to therefore move onto other cashflow positive properties. As they have holding costs surely from a borrowing and servicing point of view it would be better to sell and reinvest with the equity into cash flow pos property.

Regards

Matt

It was directly through westpac. He wasn't,t able to tell me as they don't get a definitive answer through the system. I have had more than 3 queries in past 3 – 4 months.

Shahin, westpac were unable to ascertain why. I did however, get a print out of my credit file and have had about 5-6 hits in the past 12 months. I recently completed a restructure (refi deal), to release some equity and restructure my loans through NAB.  Because this was so recent within 6 weeks, do you think this has something to do with it???