I would be suprised if this is the case. Can you point out any books in which this is recommended?[/quote]

Hey Terry I was just reading the great Australian dream and mortgage free debt free and they both don't recommend paying interest only loans. 
But hey I am learning so this is great if I can get my head around this
 

Ive been reading steve mcknights book you basically can positive gear if you throw a bigger deposit or even stretch out your loan repayments by 30years

If it was investment property and you rented that out and positive geared at a 30 year loan so cheaper re-payments and relied on capital growth would you still make money??

I have been reading a…[Read more]

Than people that pay off a whole property of say $300,000 than after 25 years its worth 350,000 basically you wouldn't of made much in return???? So its better to hold and sell at perfect times???

Ohhh I get it nowww !!! So if I sold the property for $320,000 and my loan was $240,000 I wouldn't have to worry about the 25 year interest because basically the purchaser has paid off a whole lump sum of $320,000 so basically he paid off the whole loan for me???
So I wont have to worry about the interest behind the loan because its been paid off.…[Read more]

Thank you very much and above examples. I understand the concept now. Just 1 more question if my property was $300,000 and deposit was 20% and I sold for $320,000 would that mean I would of only get back $80,000 in total meaning I only made a $20000 profit? And my remaining loan would be included in that sale?

Thanks so much I am trying hard to get this

Ohh thank you for that Matt, it makes more sense so if my principle balance was only 200k left I would only have to pay interest on that amount so if monthly I was making re-payments for say $2000 on a 300k principle would that mean for a 200k principle I'll be paying less monthly saying like $1600 etc…?

ok I am still confused, I have questions:

1. So if I purchase a $300,000 property and have a 20% deposit is that $60,000 in equity already??? 

2. So than I take out a loan of $240,000 over 25 years. If my loan was able to make extra repayments and I was suddenly handed $100,000 could I just throw the $100,000 in that loan amount which will…[Read more]

Many Thanks to all your answers.

What would be the best way to title the PPOR ?? under my name or joint partners name?? Can my partner be titled in the property even though she is a overseas resident and will there be any disadvantages due to foreign taxes … etc 

Whats the best way to own our first asset ????