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Yep - my plan atm sees a net debt reduction strategy from the end of 2011. Basically I think I will have enough debt by then. Any future property purchases will be made from cash/existing facility limits. :D Thats the plan anyway.

Good thread. 2010 has been a bit of a flop for me so far... 1) Get development financed - Fail - But should get there by end of the year 2) Re-structure existing loans to P&I - in progress 3) Reduce debt - fail - Not incure any additional debt (except for point 1 above) - Pass. 4)...