They would bring the LVR up to 80%, so to 380K. So if you already owed 225K, you could access another 155K.

It is possible to bring the LVR up higher dependent on property and location and serviceability etc.

You’re doing fine, you seem to have a good understanding of the finance structure

I've also found that the costs of establishing the structure (custodian trust) and obtaining the finance can be quite a high percentage of the purchase price for a cheaper property, ie. sub 200k.

Totally understand the networking and creating mutually beneficial relationships with others in the industry thing.

Yep, bought in Townsville and have a pretty good knowledge of the local market. Don't see a great deal of potential for short term growth at the moment as there is a lot of new stock  coming onto the market and developers seem to be the only ones making a quick buck. As such, my last acquisition had a strong focus on yield and I was able to secure an older duplex on one title sitting on 1012m2, gross rental yield 9.2%.

Whilst bearish on short term growth in the market, I think the medium to long term outlook is great. There is such a strong and diverse local economy with population growth and business investment surging ahead.

Regarding LVR's, it depends on your risk tolerance and strategy.

My strategy involves high LVR's and not paying down principal on loans, letting inflation do all the work for me. 

The rate at which the world's fiat currencies are being expanded is mind boggling…

I am also 26 and would consider myself to be knowledgable in not only property investment, but finance and economics in general.  I enjoy learning about this stuff, but to be honest, I would never show up to one of these events. I'm slightly paranoid, upon meeting someone my first thought is- what do they want from me, also what do I want from them. I much prefer to sit in a dark room and educate myself. Although paranoid, I am actively investing and have a network of professionals who have worked hard to gain my trust. I started from scratch with no formal education and currently hold 3 IP's as well as other private investments I would prefer the world didn't know about  

Good cash flow.

Just remember even at 95% LVR with capitalised LMI (97% ish), you would require your 5% deposit plus 3-5% for stamp duty and legals. So I think your funds required is a little on the low side. 

Keep us updated

Freckle- What the heck is going on with the silver spot price? Can you see Ishares dumping big time and sub $20 prices? I'm waiting to pounce but these guys are making me nervous!

I don't believe it's a major concern.

There are thousands of properties out there that contain asbestos.  

One of my properties has an asbestos roof and I've never had a drama, however insurers generally charge slightly higher premiums due to the high costs of asbestos removal/clean up.