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Right I understand now.

My problem is that I always thought to buy property and not not have to take out mortgage insurance you need 20% in cash to lay down deposit. One of the reasons I never could get my head around the fact people buying 10+ properties on average wage (where are they getting the deposit cash)...

Appreciate the comments very much. No not to o late to check reborrowing options. The 200k will land into account eta 2 months. Just getting all the information ahead of time. That would be awesome if I could borrow a further 800k but I do have 2 young children so it may effect this amount...

Wow that is exactly the info I am after. So would it be enough just having the 200k sitting in the offset account and then reborrow. Or would you have to make the down payment and send the 200k away? Travelbug - I think you are probably correct that I may have over estimated. Rixter -...

I would like to get some suggestions/opinions on what is the best way to go about investing in property and making it work in the long term. I read Rixters plan and that sounds something I would like to accomplish if not for myself then at least for my kids to have an easier life. Maybe don't...