Because first of all it is not clear if the original poster actually plans to live in this property. I've heard of people rushing into buying any property simply to 'get on the ladder' without really thinking through what is involved in managing a rental property, or reselling the property.Wiggles said:"Don't be rushed into buying off the plans. This is a fairly risky strategy."
Rainyday, why do you believe that this is such a risky strategy??
Is it because of possible hold ups and delays?? Surely you are just as likely to be messed about with a second hand house as a new house.
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