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Hi josco, The new PPOR we are looking at is circa $850k. The school of thought is that if we sell one IP and get our debt down to $40k then we can use rent from existing IP and ex-PPOR along with salary to meet loan repayments. In short if we want to buy in the area I'll need to sell one...

Hi Rob, Thanks for welcoming me into the community. Appreciate the feedback. I apologies for the loose sums. You are correct in assuming that we want to buy another property to be our PPOR. All the sums I have included have taken into consideration CGT and RE costs. At the...

Hi guys, Another newbie hopelessly lost and needing advised ( :confused: ) Need some advise as to what we are about to do makes sense. My wife and I own our PPOR outright and own 2 x IP near by. Currently we owe our lender $400k for the 2 IP's We have been keen to buy another...