Search results

Personally, I would be paranoid about the one bad client that damages the stuff, and you're suddenly up for another $30k.... :( Cheers, The Y-man

..or getting everything on a credit card. Way too risky for my tastes but, horses for courses I guess. Cheers, The Y-man

Fair enough - what is the expected life on the furnishings? (i.e. when is the next batch of $30k required) Cheers, The Y-man

Just one other thing that got me - that seems very high to furnish a holiday rental...:confused: It's probably more expensive than the stuff in my own home (admittedly mostly second hand).... Cheers, The Y-man

I hear you .... BUT... things DIDN"T go to plan. You should now be on PLAN B. It could be that taking any action now could be too little, too late. Having said that, that is purely in light of my own experiences. My feeling is if things don't go according to the plan you have now - it could...

You're right Hooray. And one other thing I can't quite figure - let's say income $40k pa plus $750 per fortnight (according to original post). That's a total annual income of $59k Mortgage payment $48k, leaving $11k pa to live on - $966 per month. We've survived on less than that...

Going to have to agree - sell at least the one you are living in. Rent a small affordable place. Regroup, replan. According to your figures, there is very little equity to access in any case - you are at 80% already of a valuation done 2 weeks ago. How much were you hoping to access (and...