Hi Richard, thanks for helping! I am very new to this, so forgive me if I give the wrong information…

I meant, the property was bought 3 years ago for 250k….. A friend who is a valuer said approx value of 270 – 280k now. I owe about 227k on the original loan of 237,500 (what i borrowed after deposit etc).

So I was thinking it was a debt of 227k on a property valued at about 270 – 280k? Am I totally looking at this wrong lol?

I thought that if I went guarantor on a loan for my partner, and its only his name on the title etc that he'd be able to get FHOG as I was only the guarantor? maybe not.

Thanks for your time! I think this site is great, that people help each other out