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lol some ridiculous posts here on "no such thing as below market value"... on the extreme, if an angry, recent divorcee wanted to get back at his ex by selling off his dream 6 bedroom Point Piper estate for $500,000 and some lucky sod picked it up, would you consider that below market value...

below market value in my opinion is below what the bank will value the property at because unless you're planning to flip and sell, the only thing that really matters is how quickly and how much equity you can pull out for your next 'below market value' purchase it gets a bit tricky in a...