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Thanks Aaron, Yes, self employed, and have the 2 years of financials, and good borrowing history. Do not mind IPs being in St Kilda but prefer not to live there. Hoping to make shift to bayside if we sell PPOR in Prahran. Weighing that up against doing small cosmetic update and staying put...

Hi Bayview, Thanks for sharing. Buyers at the mercy of banks, then, if not Level 4. Flow on effect to sellers affected by sales falling through. The property market is a maze filled with twists and turns. I definitely have much to learn!

Hi Aaron, Yes, understand. Would like to hold onto current PPOR but only a 2 bedder (land 9m x 30m). Myself, husband, two sons tripping over each other (add in two dogs and you get the picture). Could do small update reno and stay put and, as you say, use equity to purchase IPs (would like...

Hi Aaron C, Thanks for your reply. Would love to hear some ideas from you here on the forum. Have two adult sons living at home (saving and keen to invest by staying with us).

Hi Bayview, So what are your thoughts for those who are in a good borrowing position? We have disposable income of around $140 k, around $280k savings, and PPOR in Prahran, worth $1 to $1.2 mill (mortgage $90k). Looking at our options...looking at best mix of PPOR and IPs...Hampton...

Oops...messed up this post...see amended one below.

Hi Devo, Thanks so much for your reply, much appreciated. We do feel fortunate in having a very low mortgage on a well situated PPOR in Prahran, Victoria (needs some repairs though). Time to take the next step with an IP.

Am reading this thread with interest. For those who believe we are in for tougher times, with property values correcting, can you pass on some strategic advice for those of us who are new to the IP game? Currently have one property (PPOR) with about 8% left to pay on mortgage and looking to...