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Another thing to consider is that because you don't have a PPOR you would probably be using cash to settle these investment properties. Therefore you would want to use as little as possible to preserve the cash for a future PPOR - so as to save non deductible interest and maximise deductions.

What was the idea with the parents selling to you cheaply? A $200k gift of cash (a loan may be better, possibly interest free) would work well sitting in an offset until you go and buy a PPOR. This could result in savings of around $5000 per year for the next 30 years or so. Yes there is a...

Hi Andy I would make the most of the LMI waiver while you can. You say you are getting Rozelle $200k under market value, yet think the valuation will come in short. Why not just give it a go with a CBA valuation? Also carefully consider the consequences of buying under market value -...