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  • Profile photo of whatsonwhatson
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    @whatson
    Join Date: 2005
    Post Count: 10
    April 19, 2006 - 4:15 am

    Thanks for the reply.
    We are building an IP due for completion next year, and once finalised we would get the property revalued /remortgaged and hoping that with capital growth we will have some equity. We are not planning to pay anything off it as it will be an I/O loan. But we thought that after 12 to 14 months with some capital growth we might come out ahead, and use this equity to pay off our own PPOR.

    Profile photo of whatsonwhatson
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    @whatson
    Join Date: 2005
    Post Count: 10
    April 18, 2006 - 11:23 am

    Today we have bought off the plan apartment at Fairfield Waters due for completion in June 2007. The site is at http://www.fairfieldwaters.com.au/.
    The response in this forum and our research indicate that Townsville is growing. Hoping that we made a good decision.

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    @whatson
    Join Date: 2005
    Post Count: 10
    April 14, 2006 - 11:15 am

    Thanks for the great replies.

    Profile photo of whatsonwhatson
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    @whatson
    Join Date: 2005
    Post Count: 10
    October 11, 2005 - 4:45 am

    Thanks for the great tips guys.

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