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Hi All, I understand the need for valuation and loans. However, what happens when the valuation is higher then the purchase price? What happens when valuation is lower then the purchase price? I'm guessing banks will more then happy to loan you the money. What happens when valuation...

Hi all, This being my first investment property I'd like to dictate my strategy and get people's thoughts on it. I have about $500,000 to spend and have been recently looking around Sydney as that is where I am from. With the Sydney market climbing out of my reach, I have been looking...