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Thats cool, the price is in my budget, but only just. Thinking about going to one of those 21ca property semminars on may 1-2.. Anyone been before?

Ok, so the appraisal has now been done and they are going foward with the sale and want to do an open house in the next few weeks.... I've said to the RE I MAY be interested and once they called me with the price today I said yeah no worries I'll let you know if I want to go any further with...

Cheers guys, I'll post how everything goes tomorrow.... appreciate the help :)

So, the appraisal is tomorrow and I'm still not 100% sure on what to say to the agent?... I think I'll just ask roughly what the he/she thinks the place will sell for and let him/her know that I may be interested at the right price and thatd I'd have to look into it a little more once I found...

I did just think that.... There are some ways I could work this in my favour. eg suppose the vendor was willing to settle on a price if I were to re-new the lease for another 6months. This would give me more time to save funds to get the LVR down and save me some LMI.. But that could be wishful...

Thanks TB, I'll give it a go!... Also, what happens with settlement in the event that I buy already living in the property, can I request to have a really short one or will it still be 1-2months of paying rent before I switch over the the bank loan...

Comparitive props are selling between 250-280 in this area, so I've based my 11% deposite on 280k.. Any more than this I wont be buying.... Good idea with questioning the RE but at the same time woulnd they turn around and think that if Im looking at prices on other places I may actually be...

I was under the impression that I had first choice given that I'm living in the property, or is this wrong? Anyway, by messy I just mean leaving a few things here and there to make the place look a little less optimal.. Beside using RP data and looking at simmilar propertys for sale, what...

Thanks everyone, good advice... I certainly wont be busting my nut to keep the place clean in that instance.... And Were freinds with the neighbours who can always help out with day time noise sessions lol..... As for valuing the property, is it a good idea for me to have a professional do...

I've accounted for that aswell... Generally thats +6% yes? Is LMI tax deductible for investment props?

Thanks Josh, yes I do mean FHBG lol

Hi, I'm currently renting a town house in Bendigo, Vic with my partner and received a call from the PM advising me that the house is going to be put on the market soon and an appraisal will be done this coming Tuesday.. I'm pretty happy with this place and it is in a great area so I'm...