debt deflation

  1. S

    Should I cut losses on IP? Advice appreciated

    Hi, Bought IP in the Whitsundays in QLD in 2006 as a naive, uneducated investor. Was given usual dream of "doubling money in 10 years etc". As this was pre-GFC, was given 110% loan to roll my existing car loan into (now I cringe at this). End result: PP of $225k, car loan $30k, renos +...
Top