Hiya folks newbie here. Was reading a lot of stuff on here and the verdict is in - Somersoft rocks! My wife and I want to buy a PPOR then use the equity to fund an IP as ya do. However just recently I have been approached to go JV in an 8 pack of units 50/50 type deal. The figures add up and the property will boast a 7-8% yield (20k net passive income) so basically I'm considering taking the opportunity as I have managed to twist the wife's arm. A few things; Do I set loan up IO with offset account? When we eventually buy PPOR should I use equity from IP to fund it? Or should I use other cash money as a deposit and keep the two properties separate? If for instance I purchased PPOR first then used a LOC to fund an IP, what tax advantages do I get as opposed to the reverse scenario I'm about to do!? Hope the Qs all make sense and thanks in advance folks!