Steven,

I am hoping we should have a small deposit in 12 months time once my wife is working.

The problem I face is that I don’t think I could afford to buy a house to live in, as I think the repayments on a $400,000 home load would be around the $1,200 p/f mark over 30 years, my whole net pay!

But with negative gearing I think I may be able to…[Read more]