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Well if I left readers to rely solely on the erroneous opinions of NRAS offered by too many of the forums Monday morning quarterbacks who "think" they know how it works and what they're talking about , that wouldn't be very fun, would it?

There are most definitely really good NRAS deals to be had. Some additional examples of areas which could hardly be described as ghetto-ville, where I can confirm that every valuation, across multiple different lenders and multiple different valuation firms = on the money. Elanora Heights...

PM me and we can discuss offline.

There is meant to be a 5th round of incentives, the final 10,000... and those 10,000 dwellings are to be delivered between July 1 2015 and June 30,2016. i.e the 15/16 financial year. However, it would appear to be on hold and like all Fed spending, is being reviewed under the Commission Of...

My largest single referral base is accounting firms, so I'm more than confident you'll find integrity in the methodology /modeling I have freely published for your review, consideration, critique etc etc... Have always stood by the numbers, and continue to do so... if they weren't robust...

And this is precisely why investors need at least 1 or 2 cash flow positive properties in a portfolio, or they cant ever get ahead of the curve. Unless you are a cash buyer, portfolio's are built with equity AND cash flow and from borrowing. You cant get very far with only equity or only cash...

Drawing on 120-130K of your available equity to purchase 2 x NRAS properties to the value of @ 400K each is one option worth considering. Step 1 Borrow @65K from equity, to use towards NRAS 1, to the value of 400K. The 60-65K borrowed from equity specifically covers a 10% deposit ( 40K )...