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Agree JacM - if you've got a decade, then you've got plenty of time and strategies to do this.

If you need personal funds, use one of those splits for personal funds. I havent read anywhere that pos is after mortgaging his house for personal use - it seems as though pos is after passive income to me. Hmm separate split/one split is pretty semantic, so long as its costless. A number...

Dont agree. I mentioned NRAS - pretty powerful tool. As Terry mentioned, i'd put your scenario in the boat of a 'a friend who could retire tomorrow if they wanted to'. This can be done and ive painted out a way to finance it all. Euro73 - feel free to chip in, you've had a number of...

Hey pos, So your current PPOR: 420k. 80% LVR will mean debt up to 336. You currently have 50k in debt. So you have 286k that you can withdraw out. Set up 4 loan splits of around 70k each, use these funds as deposits for four separate purchases. For each purchase, borrow the other...

Hey pos - think SS may be a little slower on Sundays! There are a range of ways to getting to your goal. In property, generating 1400 p/m, or $16800 p/y is definitely possible. For example, you could do it through two simple NRAS purchases (C/F cows), or you could seek out more of a mix of...