This is kind of similar to the position I and my vendor are in (gf's mom) she paid $290k for the unit we are in and was willing to sell it to us for $275k (with a $15k proviso if we sold it within 5 years) at the time the $275k was her remaining mortgage and legals. Unfortunately she fixed the mortgage for 5 years out of fear while it was going…[Read more]

All you need to do is to actually move in to your mates unit and him into your.Then they can't say anything, and you would not be breaking any law, this is a strategy that was explained in Anita Bell's book "You're Investment Property" as long as you both pay market rent.

I sell these at work (Good Guys Chatswood Sydney) and bought the Samsung, before the free tv promotion sadly, 3 year warranty and a great tv, I liked it so much that I bought a smaller one for the bedroom, all before I realized thanks to buying Rich Dad Poor Dad (for $3 at St Vinnies) that I had better stop paying for doodads, pay out my debts a…[Read more]