Thanks guys!

Can anyone explain to me how using the equity in your current house to buy a new house works? How much do the banks let you borrow against your original house generally?

Thanks guys. Is what I am thinking about doing to reduce stamp duty alright… aside from the hassle of having to move twice in 6 months.

Also, would I have enough equity in my house to get a loan for an investment property?

And yes, I meant we owe $237k not $337