Just goes to show, there are always people doing what you are!!

Good to know that over 70% can be sourced, we have been told it is possible te seperate the house value from the land for lending purposes from traditional bank, but nothing confirmed as yet.

I have just made an offer on a property that we will run a horse agistment business from, base income of around $55,000/anuum with upside to $75,000 before any additional help might be required.

Less $ that Micasa at mid $900s, we will be selling our home so are viewing the deal from the point of view that we save the interest costs on the family home which frees up a fair bit of cash and we become cash flow positive also with upside by improving the capital value of the property, especially as it is readily accessable to the City.

Rob