Shahin I don’t plan on leaving our ppor anytime soon if at all. As far as neg gearing and serviceability issues go I was always planning on getting Ip1 pos geared before progressing further. Thanks for your input guys.

Hey thanks for the comments. My equity comes from our house valuation (580-600k) minus 125k mortgage.
Selling is def out of the equation, if it was just up to me..maybe. How on earth do I cover 1.5m even after rent is taken into account. I've looked around on a few sites for properties but the figures haven't added up yet. Going by my own figures…[Read more]

Thank you Jamie
If I borrow for my IP from a different lender does that avoid cross collateralizing or is it something else? My wife and I are joint directors of our family trust and hope to use that rather than the ip be in our names. Will this throw up any issues?

PS my goal is to be cash-flow positive but am ok starting off cash-flow negative then getting on top of it. Our combined incomes are approx 130k with a 125k mortgage cheers Mark!