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I would get alone for the first time ever.

Would that leave a black mark on them, having a bankruptcy in their record? It sounds tempting.

I've been told that if I want a loan going past age 65 I need an exit plan, not involving a job. Selling an IP may satisfy this requirement.

For me it's not worth selling up. I'm getting now 15% return on what I paid some years ago, about 6% on current value. To sell, I'd lose a good portion on CGT. I'm better off keeping and living off rent.

Navra crash bombed in the GFC. Taking some people with him. I know MY advocates growth property. Highly neg isn't a prerequisite- he gives strategies for reducing outgoings. I can't speak for his views on LOE.

Michael is still out and about. But I thought that it was actually Mr Navra who was advocating LOE especially with annuities (cash bonds).

If they had already set themselves in a LOE structure tey would have been fine. It's people starting now who would have difficulty doing the same. LOD would involve margin lending, and I don't know the criteria which could be applied by the banks towards that now.

It's much harder to do. Low doc loans are increasingly difficult to get- and income from annuities is treated with increasing caution by the banks (broker's advice as of last Friday). I've got 75% equity and a good passive income. However my lending is at its limit with the one bank, and the...