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You could also buy the property undervalued... (say 10% undervalued) - that means the market only needs to move by 10% before you can refinance.

The thing that I like about Jan Somers' "More Wealth" book is that it shows that property investing is accessible to every layperson. You don't have to be supremely gifted like Nathan or a few others on the forum, in finding fantastically undervalued and CF+ properties. Sure it will help speed...

Ditto to what Rixter said, except you can also borrow it from the library if you are trying to put money away for an IP deposit :D

Aah, I see. In that case I actually can't really provide an example because I think a 5-7 year timeframe is way too soon to see any action, unless you are extremely gifted at finding opportunities. To the average Joe (eg. me) I'm prepared for it to take a lot longer... time in the market not...

The way that I like to think about it, is that rents rise over time, but interest repayments stay roughly in the same range... sure, they fluctuate, and they may go up to > 10%, but they'll mostly stay under 15%. But rents will keep going up forever...

I bet Jaycee was thinking about Ozperp in relation to sharehouses / student accom?