Good suggestions, all noted. The prices of similar properties listed in domain.com.au is from 200K to 225K. If I want to sell, then I will have to do that at a substantial loss. Agree that the loss could be recovered from another better investment, but that's another risk I am unwilling to take knowing how market is behaving for last few…[Read more]

Thanks duckster, really appreciate your quick response. I had thought of vendor financing but as mentioned before I am not quite educated on these options and what qualification (such as license) are required to enter into such transactions. Is there a bunch of legal documents that I could buy from anywhere for both parties to execute. Same for…[Read more]