Hi handyandyhandyandy said:Hi Alex
The whole idea is that you either let that doubling in 7-10 year reduce your LVR by half or you sell down reducing debt with the profits.
In either case it is a long term project and certainly not an overnight success.
Cheers
I hope I am not going off the track here.
An alternative strategy could be, to keep growing the portfolio and balancing the lvr at a comfortable level. Live off the some of the rental income and suplement the holding costs from achieved growth in equity.
Simon