thank you everyone who responded i am very confident with the money side of things i know i can afford it but its hard to convince the banks morgage insurance is the killer i have found they are the hardest to get past i tried to get my 1st investment property a year and a half ago the bank said yes then the morgage insurance fell through i was very dissapointed but i aint going to give up DID YOU HAVE TO GET MORGAGE INSURANCE FOR YOUR HOUSES?At which house do you stop the morgage insurance??Gaining capital growth in the country takes a long time doesnt it??