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I think your figures speak for themselves considering both areas are not that far from each other in Western Sydney. Haha Skater is one of the most likely people to give you the answers you want as she invests in that area (a lot). But as she said, a little of your own research won't go...

I do it this way too. I think people that say they paid 30% deposit and calculate interest on the 70% only and say it's cash flow positive are fooling themselves. If I did this ALL mine would be WAY over CF+ as my total LVR is less than 60%.

So true. Nathan (and many others on this forum) are so giving of their time, experience and expertise. I have learned so much from this forum and have made some great connections. It's been invaluable to me actually. Newbys- read everything then decide which is the way to go for YOU. My...

So who is giving you misleading information that is useless and dangerous? Do you mean Nathan? Id so read some of his posts here and also his website to see the deals he gets. And I actually I saw that house and it's as Nathan stated. Over 8% yield. No work needed. Sold way under market. If...

I didn't need to top up the loan. I didn't get an "official" reval. I haven't had an "official" reval on any of mine yet. When the deposit money runs out I will tackle that. St George have just put the value up on the computer when I've asked for more money. :D:D New to CBA so I'll...

We actually paid for the reno (not borrowed) so it is CF neutral at worst. Forgot to add the $50K increase in value. Value $290K now. Surely you wouldn't mind getting $50,000 for 4 weeks work.:D:D If we had sold it straight away we would have cleared at least $25K after tax. Again not bad for...

OK here's one. Not quite CF+ but pretty damn close at 110% lend. Purchased in Sydney's west Oct 2010. Purchase $218K + stamp $6K + legals $2K + reno $14K (and 4 weeks hard work) = $240K $240K X 7% = $16800 + rates, insurance etc = $2200...