PM sent. Thanks Wilko 

Thanks for all the responses!!! 

Thanks Jamie – Can brokers still do this without applying for a pre-approval? I don't want to apply for anything yet, just work out the possible strategies/options with what I can borrow.

Also, how would i work out what i can borrow after my first purchase, so i can move forward? Is this something i can also sit down and work out with a broker…[Read more]

Sorry the above link is a 40 page PDF. This is the link for the website if preferred http://www.ato.gov.au/corporate/content.aspx?menuid=0&doc=/content/00313554.htm&page=2&H2

Hi Sabbathen,

The ATO have published a rental property document with some information regarding your question. I have attached the link below.

http://www.ato.gov.au/content/downloads/ind00313554n17290612.pdf

Patty 

Thanks Rosa, I found your post helpful. 

I'm on a 50K base and currently saving for my first investment property!!!  

I found the following ATO benefit helpful for my circumstance and thought i would share it below for anyone in a similar situation..

The ATO has a HECS benefit scheme for graduates in maths, science, education and nursing. It…[Read more]