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Look the main risk is simply that the thing won't come up to val at settlement. So as long as you have access to say 30%~40% of the purchase price from other equity that you can get, it shouldn't be an issue, So for a $500k purchase, have about $150~$200k ready as cash just in case. The only...

I'll do it too :D Don't do OTP there! Too many big projects flooding the area at present. The suburb itself is ok, just buy something established. The Y-man