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Well done Oscar. Thanks for updating. When this thread started I had bought one IP and sold it because I got scared (talk of rising interest rates etc). I discovered this forum in 2008 and it got me started. I've just bought a new PPOR. Once my present one sells I'll have $1M net equity...

Yes but what he is saying is that he has $2M in NET assets. That is ALL his assets minus ALL his debts = his NET worth. ie if he sold everything and paid ALL his debts he'd have $2M ion his hand. No point in only counting some of your assets and some of your debt because it's in a...