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  • Profile photo of Nothings ImpossibleNothings Impossible
    Member
    @nothings-impossible
    Join Date: 2005
    Post Count: 3

    Thankyou to all offering their advice.

    I have had my own business in the past and intend on starting another, much simpler one in just a couple of months. It will take me off the pension completely. Was told that I could not work but this is hardly work. Interesting what you can think up even in the hardest circumstances if you really want something!

    So, I will get there eventually. For now I will continue my education and keep reading all the posts here. I can only become better prepared.

    Nothings Impossible

    Profile photo of Nothings ImpossibleNothings Impossible
    Member
    @nothings-impossible
    Join Date: 2005
    Post Count: 3

    Thankyou for your reply…

    I am eligable for the FHO grant and can live in that property for 6 months….get renters in to cover repayments, carry out simple, inexpensive cosmetic home improvements and so on. Unfortunately then I am not able to access the tax benefits!

    I live in Perth and it is never a problem to get renters in………still, no bank would give me a loan. I could buy a property under what it is valued at, have a long settlement with access to increase property value and so on. Still, I don’t think it would work.

    Hmmmm………[glum2]

    Nothings Impossible

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