Thanks for the feedback. Both loans (for the 200k and for 80% of new property/ies have approvals in place) so we are set to go. It is more a matter of whether we are best to buy and rent out say 3 studio or 1 bed apartments, a house of equal total value to those that we rent out or to buy one we live in renovate and sell on. So still very confused by the different options. We are looking at the bigger of the two loans being up to a max of about 828k (but using the 200k as deposit and renovating money) so it is really how best to treat that amount for best return.