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Thanks for the continued discussion. Firstly serviceability will not be a problem. Talking with Westpac today I suggested some other ideas and serviceability was not an issue. I also suggested my mum buy the house cheaply from me and I buy it back in a couple of years time. It would cost to much...

Serviceability - is the ability to pay back the loan over its term. I think I am right in saying that. For me this is not a problem b/c the two properties I buy will be neutral or very marginally negative geared properties. If I kept the house and just leave everything as is then I wouldn't free...

I own a house which is CG exempted. It is worth 150000 and has a mortgage of 50000. So I want to free up this cash to buy 2 more properties. If I sell all the costs involved with buying will be wasted. If I sell to buy another two I will have to fork out to buy them. Sometimes I hear of banks...