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Are you able to finance it, still? That's one of the many traps - expecting to borrow at, say, 80% LVR on completion, then finding the valuation has taken a hammering, so you have to cough up a huge chunk of your own cash to fund the deal. Which forces many buyers to put their properties (in...

I've heard this from some close friends int he OTP industry. In a good market, they have to work hard to get 75% pre sales. They have Buckley's of getting 100% in this environment. Many OTP projects have had the plug pulled. The word minefield springs to mind in the context of developing...

There are many risks in OTP investments and you won't find these discusses or even acknowledged by the people promoting them. You may also wish to do some thorough research into the company you refer to and the guy behind it. I'll say no more in order to protect myself from a legal standpoint...