hey all, i have been looking for a long period of time to buy some property. Initially i wanted to buy a ppor to take advantage of the first home owners grant but have decided to buy an investment property instead. I have planned to put it under a business name with me as director so i still qualify for the first home owners grant in the future.. firstly will this work? will i need an accountant? Furthermore the investment property i have found is giving me returns of 111.00 p.w net (that is less council fees and body corp) nothing serious but its a start as i am still in uni and don't have a huge income. My dilemma is should i take a small loan of 12 years and let the property cover the repayments OR should i take the same loan under a term of 7 years and put in the difference out of my pocket, which will be approximately an extra $100.00 a week. I can afford the $100 without too much hassle the issue is which one is a wiser investment decision? thanks for you help in advance.