Steve
Yes I do have a construction loan and so far this will be my only loan.
Thanks
Martine

Really enjoyed the laugh
Martine

Thanks Guy for your comments, I will continue to obtain as much information as I can and try hard not to over burden myself, at the moment I can easily repay the loan even without any tenants over the whole of the loan period even if interests go up but I am really looking to be self funded retirees and only have 15 years to do this.
As you can…[Read more]

Thanks Terry
For the words of encouragement I am now ready to tackle another.
Regards
Martine[]

Thanks for the advise Mel
I will look at the figures and read Steve’s book again to get an idea on which cashflow this property will generate
Regards
Martine[]

Thanks Lucifer
My intensions are to build and hold for about 10 years after this time I am not sure, but if the worst came to the worst I could continue to pay for the negatively geared property.
I guess I will give it a go and if it doesn’t work then I could always sell.
Thanks again
Martine[]

Crj
Thank you, I never thought of my investment attempts in this manner.
This is really a great site to gain advise and encouragement.
Martine[]