300,000k is a huge cash. I don't think many people start with they property investing journey with this huge cash which i think you are in the very good position to start to learn.

if i was you, I won't get into debt too quickly.  even is a house loan.

buy the house upright with your cash.

1) you don't have debt, all the net rental income after paying rates and fees is yours, ( positive cashflow for sure !!)

2) you get a bit of taste of what "property investing" is like, you will be potentially facing tenant issue, difficult agent issue, maintenance issue, possible rent behind issue …… all sort of problems which property investor have to deal with

3)you buy upright you, means you get into the market. so in the future you have higher income and you guys married also after experienc some the tenant issue, agent issue, maintenance………. then you can start to using the first IP to leverage to 2 or 3 IP.
so at that time you start to face finance issue, such us interest rate, fixed vs variable, line of credit………

in this way, you don't go straight to face all the property invesitng "problem" in one go, instead you break it down one bit at the time. often you see people screw up big time because they have to deal with finance, tenants, agents, trade people, builder, council, architect, townplanner, interest rate, accountant, solicitor…….but they couldn't even handle just one thing properly ……..

Hence, my sugguestion is get a property upright to get into the market. ( you will learnt area research, data gathering, dealing with agents, accountant, solicitor……..)  leave the finance and other thing for later.

of course, you can look for other professional to help, but whether you can find them and also comfort to use them is another story !

I may sound very stupid, but play small start with is the safer way to make huge money in long run, especially you have never purchase any property before.

Good luck for your property investing journey : )

You guys have come a long way since your earlier post about 'investment companies' and you have given your whole situation plnety of thought at a macro level.

While your asset level is terrific your combined incomes aren't that flash at this stage.

Limited income will mean limited borrowing capacity so if you really want to get into property you may find the size of your deposit to be signifciant. This is not ideal as I would prefer to see someone retain as much of their cash as possible. Having said that all possiblilities need to be considered on their merits.

How long before you finish your apprenticeship? If the time frame is relatively short 'waiting' may be an option.

Determining your borrowing capacity would be a great step – no ppoint making rolls royce plans on a beer budget. At the same time there are advantages to spending a reasonable portion of your borrowing capacity under normal circumstances. Certainly when we work with clients we suggest they determine their borrowing potential when they are committed to some form of property investing as this help makes for more meaningful discussions;

Getting property with the right mix (for you) of growth and cashflow is possible. Might mean a little extra looking and research.

Hope this helps.

You will still need to work out what you are trying to achieve so you can properly brief your buyers agent otherwise you may end up with a property that doesn't necessarily meet your investment needs.