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I don't see the point. It's not REALLY positive. Moving the money from one loan to another will just give you the impression that one is positive. I only call a property positively geared when the money that comes in is more than ALL the outgoings. ie interest (on EVERYTHING I paid) PM...

In my post I didn't mean to insinuate they are not there. I agree they are but you have to put in the time and energy (unless you pay the two posters finding them.:D) I know Nathan finds some amazing deals. People are skeptical of his purchases but I've seen some of them. It's a matter of being...

Yep, you are right, it would be difficult. Getting a +ively geared property off the bat is never easy. Especially in Sydney. You could buy under market value because it needed a reno (lots of people don't like work). Give it a quick reno then you have extra equity and a better rent. At $175K...