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Hi all, Last Wednesday the seller of a unit and I both signed a contract of sale. I'm still within the cooling off period. He also is the tenant while I am an investor. He calls me on Saturday wishing not to go ahead with sale because he's in a huge debt and his bank wont finance a new...

Hi everyone, I'm sure this subject has been dealt with over and over, but my topic has more than one aspect to it. Let me first describe my situation. In January of this year, I bought my first home for $415,000 and borrowed 80% of that from NAB, while having a deposit of $83,000...