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Was a good learning experience, and I've found some brokers that look more promising than the big banks thanks to PinkBoys questions. Thanks Sharks ;)

Yes. But the First Home Buyers grant in this region is only for new buildings My partner doesn't have much of a credit history, good or bad. I had a credit card with a $6k limit, was great for years, I'd have it around -3k then pay it all off in a month. Around 3 years ago it was up to -6k...

Fair enough, lots of good points pinkboy. Thanks for the feedback. I just found some brokers that I might be able to call.

I'm looking at it pretty simply. This may not be how an investor looks at it, but it make sense to me until someone tells me otherwise. $31,2k Rent - $18,2k repayments = $13k 13k income plus return of initial investment is $26,5k back. That makes 96.3% return..? See attached image...

Can you elaborate Xenia?

Yes it is within 40km of Byron. That's not far to travel around here. What makes it a good investment? -In terms of house prices its a relatively small investment. -I'm no property investor, but lets say repayments were $9,100pa, rental income was $15,600pa, that's $6,500pa income. If you...

correction would be $125pw return not $175.

Hello. Mods if there is a better category for this thread, please move it. Just wondering if anyone knows where I might look to find someone that would be interested in buying a property and offering it as rent-to-buy? Below is my idea/offer, and the reasons I think an investor might...