Now please correct me if I am wrong as I am trying to get my head around this as well but rather than LOR with the 130k pa 'taxable income' can't you use the 'income' to go to the bank to continue to use the LOE strategy?
130k pa can be used to borrow the next round of equity from the bank...
Some really really good discussion here guys - thanks and please keep it going!
Re whether property will continue to double every 7-10 years, does it matter if there is sufficient growth?
If Rixter has a number of IPs in his portfolio that have already 'doubled' he theoretically has equity...
