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Hi all, It's been 18 months since I first opened this thread and there are quite a few updates. 1. I am moving to Roxby Downs in SA on Sunday and will be living in a rent-free property with a mate of mine. 2. My house here in Prestons NSW will be occupied by my mother who is also has a...

Hey all, Just an update: I had an appointment with my bank on Wednesday in regards to my home equity. Before the meeting, I bought an RP data report on my suburb and highlighted all the properties of similar features that were sold in the last 6 months or so. It clearly showed that...

Thanks josko, I'll keep that in mind. :)

Thanks monsoon. I'll be looking for properties that already have long-term tennants in them. Thanks Propertunity and josko. I guess the first step I'll take is have NAB value my property and see where I stand. If my real estate agent is right and my property is worth $450,000, I'll take out...

Hi everyone, I'm sure this subject has been dealt with over and over, but my topic has more than one aspect to it. Let me first describe my situation. In January of this year, I bought my first home for $415,000 and borrowed 80% of that from NAB, while having a deposit of $83,000...