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We've been weighing up our options for some time. Our ideal situation is to build on our vacant block and move directly there and then sell our current house but that would require a very brief bridging loan for 3 months or so, which from the feedback I've got here sounds like absolute hell to...

Lo-doc is our problem, the 60% threshold is easy to reach.

Our first IP is regional and very very affordable. We'll have equity coming out of our ears next year (it was one of those 'instant equity' houses) but the catch with being a low income earner is There Will Be No Second IP - you need income to service a second loan! We can't have more than about...

I bought my first house back in 1999 - a PPoR though - when I was a student, tutoring at uni on $18,000 a year (the house was $40,000). I had about $15k saved as the deposit, and the payments were peanuts when I started full-time work soon after graduating. Ah, hindsight, I wish I'd kept that...