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Great work Erica, congrats. Awesome feeling. Looks like we will be neck and neck to getting titles, just don't push infront of me for SA Water ;)

Don't always take the councils Development Plan as the gospel. I would suggest speaking with council.

Have that property saved, good luck for it going at that price if all stacks up (haven't done any DD). Price looks extremely low, will be 100+ at the auction.

Erica thanks for sharing I'm sure everyone on SS enjoys the read. It's great to see some true honest figures and stories. It might not be the 20% from the start, but isn't that the exact reason we shoot for 20% so there is still enough fat to make profit. If they're minimum figures then you...

Probably was your plumber Erica :) haha

When you have a spare moment would be interested to hear about what council knocked back. Did you try to push outside the box? Rear and front set backs are something I spoke to council about for my development. He pretty much said need to have front and side setbacks spot on, rear set back can...

Great result and well done to the broker for not taking easy option and actually pushing back on the bank/valuers. If it's worth fighting for keep at it. Well played.

You could look at going with bank that lends @ 80% of contract price. Works out to be $356,000 so able to borrow more and no LMI. Can still keep existing lending with current bank. Wouldn't stress. You have equity available, will all be forgotten once you renovate the existing property and...