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Thankyou Fourex, This is something I will need to look into deeper, as I have little understanding of the process of subdividing. Therefore your attachement is much appreciated. Thanks again, Leah

Thankyou Willair for your advice. Much appreciated. I agree that OTP investment needs to be approached caution. Main thing I discovered is expected completion date & actual completion date can be extremely different. So I have learnt if I was to do this again, I can add in liquidated damages...

Thank you both for your advice. I understand that I am in a great position for off the plan deals. I also understand that at the end of the day though, my boss is also looking to make money too. So i just want to tread cautiously! (despite my boss being best mates with my dad!) Thanks again...

Thankyou for your quick response. Answers are as follows: The unit is complete, and is my PPOR. Others are currently being rented out for $220p/w Am yet to see how much more I can borrow- I should probably check that out! Thanks Kind Regards, Leah

Hi, my name is Leah This is my first time posting so please be kind :) I have been working for a building company for 3yrs. Last yr my boss was doing a unit development- so I bought 1x unit at 190k (w/ the rest sold at 220k) My loan w/ the bank is 150k at a 3yr fixed rate of 4.59% I have...