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I just thought I would update this thread and ask a few more questions I hope no one minds first big investment want to be as well informed as possible. I have spoken to a mortgage broker and now know how much I have to spend to purchase an established house I have max purchase price of 400k...

Thanks for the input lots to think about judging by what everyone's said I think I might ditch the idea of the land, I don't think I would be able to sub divide it and make money that way and its defiantly not big enough for a rock festival so might have to rethink my plan just thought being so...

This is one reason I was looking at that block of land, Im worried that in the long term if I decided that I would like to buy a place down there I might be priced out of it, especially a house as close to the beach with views like that block. I was thinking and tell me if this is a stupid...

Thanks for the advice I really appreciate it, can be all a bit daunting when it comes to making the right decisions especially knowing where I am now and where I would like to be but thanks defiantly taking it all onboard.

Hello everyone just thought I would introduce myself names James a 22yo currently living at home with my parents. I have been trying to do a bit of research and have found this forum to be very helpful but I thought I would just put forward a few ideas that I have just to get a few different...