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I think this is one of those...."how long is a piece of string" It is dependent on so many scenarios and your strategy moving forward. There is no right or wrong answer. Some factors I would consider is - Tax implications Current Debt - LVR Your ability to service future...

However, if you have given away the day job the banks wont be too keen on increasing equity if you can not service the debt. Many banks also see clients that are rent reliant as higher risk.