Hello pele

Although this site is basically for people interested in CF+ IP's I have always bought negatively geared property with good capital growth potential and have not been disappointed to date. The problem is being able to support the expense until rents and growing equity catches up.

The solution to speed up this process is to see if doing an inexpensive renovation will increase your rent and reduce the gap.
 
Also make sure you are claming everything that you are entitled to including depreciation which will give you some tax deductions to help with the finances.
 
If you don't have any personal debt (non deductible debt) but have some cash then make sure it's sitting in an offset account linked to your loan as this will reduce your interest bill. Also putting all your earnings into this account will have the same effect.

From reading posts on this forum I believe that an equity loan means that you give away 40% of your capital growth not 20%.  You get 20% interest free from the lender but they want 40% of the capital growth in return.

Not something I would do if you think that your IP will experiance good capital growth.

Cheers
Elka 

Thank you for your reply Elka.

 A reno is not possible as the apartment is new and all claimable items are being claimed.

I will look into the equity loan more carefully as I appreciate financing is not primarily structured to to make money for the borrower.
Thank you for the tips offered.
Regards,
Pele