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Am enjoying this thread, many interesting ways of moving ahead.

Getting finance is the most challenging at the moment. With my 2 land and house packages where most banks will not finance due to postcode I can only use CBA 80% LVR lo doc, however must have BAS statements. Other loans are all lo docs, most recent Westpac, once again need to provide BAS...

Hi Aus I presume OC1 has been doing these developments in Melb where the market has been rising some areas as much as 30%, I am assuming the margin would be much great than 20%. Cheers, MTR

Hi yadreamin What worked for me was changing the way I did things, which meant I had to stop buying -ve properties and educate myself on ways to bring cashflow in the door. Look at properties or whatever asset class of your choice to bring cashflow in the door to balance your situation...

I too really like this plan. Cheers, MTR

Just purchased 35km from Syd cashflow+ - Purchase price $315,000 House $350 pw, granny flat $180-200 pw. Also, this area is now on the rise so I should be able to achieve reasonable capital growth. They are out there but expect to fight for these types of properties, multiple offers...

Have to agree with this, I am finding lots of opportunities but you have to put the time and effort to find these deals. I could be on the computer for 5 hours per day, bound to find something eventually that fits the criteria. Infact I found 2 positive cashflow properties this morning...