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Thanks for the responses guys, some really helpful information there. The plan was to purchase maybe 2 ips at about 300-350k each, given the amount of equity available. Sounds like this will be tough though so might just have to do the 1 only.

Hi all, This is a question for the mortgage brokers. My parent's ppor is worth about 900k give or take. The loan is around the 550k mark, with one of the big 4's. I'm new to the property investing thing and currently only have 2 ips. My parents have agreed to let me use the equity in...