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Lol I love it Belbo! See a financial planner too though Tony!

Yeah good point Dave - my mistake - I guess I just always look from an investment perspective :)

Well if you rent the house out problem solved. Don't discount the depreciation either - on a house less than 5 years old you would be getting a few thousand in your pocket each year - and the rent of $20k p/a or so (10-15k net since you will rent somewhere with your mum/brother.) You will...

Just explain to your mum the differences between scenario A (sell house) and scenario B (keep house and have as IP) She will come round... its not like she can force you to sell.

No point in selling due to CGT and also the fact you have a good house with lots of depreciation available. You can always move back in later.

There's no point getting other investors on board. You don't need them nor will you get them as they can make far greater money on their own. Also, you don't need to sell the house or make P&I payments. Interest only is fine. What you need to do is rent your house out, live in cheap accom...