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Reply: 1.2.1.1 From: Simon . Moyna, Unless you have a deposit you may need to borrow against your home. Banks will lend up to 80% of the new properties value (Loan to Valuation Ratio or LVR). They do this to safeguard their investment in case the worst happens and they need to dispose of...

Reply: 1.2 From: Simon . Just rereading your post and I see that I didn't really give you the answer you were after. Whether to pay P+I or IO? The advantage of IO is that you will pay less into the mortgage and all that you do pay will be tax deductible. Many investors prefer this...

Reply: 1.1.1 From: Simon . Moyna, Sounds like a pretty straight forward problem to solve. As long as you still have suitable income whilst you are overseas then you should be able to lend the full amount to buy the second property. Probably secured against the first one which I assume you...