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@reubs84 Investment 2, deposit paid, balance on settlement. Investment 3, about to pay the deposit, again balance on settlement.

@resjudicata Worst case we sell off for what we can get and take the hit.

@resjudicata I’m screwed. But, working with good buyers agent and builders with 100% success rate mitigates this risk.

@mnfanboy4life Agree, there is risk here. But cash in the offset can be drawn down, stage 3 tax change coming soon, and worst case we bail out of IP1 at a profit to bring finance and serviceability back for what is needed for 2 and 3.

@antiquarian Yes. But property is hot right now. And lenders will give you 100% of what you need. You can’t do this with other assets.

@kohen Check other comments.

@amoskaeg This more response to yesterday’s post saying all the “pay off in 7-10 by leverage are a scam.” Yes, can see the brag element in hindsight, was not intended that way, just interested in what people thought.

Following yesterdays post thought I’d follow up. I’m all in on property, but confident given current Aussie landscape. Bought PPOR 5 years ago, 860k, now valued 1.4M. Adelaide. 2 income household, 200 and 120k gross. Investment 1: 2 bed 2 bath apartment, paid $595, now valued $740k. Short term...