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Based on your situation you probably wouldn't be negative gearing. You would be making money. The properties should pay for themselves, immediately or quickly after purchase. If you were to get sacked from your job, there would be little effect - except you may have tied up your cash. You...

Think carefully about how you should do this. Yes you could buy one for cash or 3 with 20% deposits. Leverage will mean gains (and losses) will be amplified by borrowing 80% and buying 3 properties instead of 1. Think what could happen if they grew 10% (or dropped by 10%!_) Get some legal...