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I'm keen to purchase IP number 2. My situation: I bought property 1 for 195K. I spent 18 months living in it as a PPOR renovating. 6 months ago I converted it into an IP and its renting for $330pw. Currently it has approx 175k owing and a non renovated unit is the same block sold for 240k...

Allow me to introduce myself. I’ve been lurking theses forums for a year or two and have finally made a move and bought my first property. It’s a 2br, 1 bathroom unit in Sydney’s west. It’s currently my ppor so I can claim the fhog and I’m in the middle of renovating it. So far it’s going good...