Hello My daughter (20+) is studying in Melbourne Uni and will be there for at least three more years. Currently she is paying half of the rent for the shared apartment which is around 1000 dollars a month. Thus the rent is about 24k per year for the two bedroom apartment. At 6% interest, an apartment of about 400k will cost the same. Based on my own situation, I see that people will have to send their children to university so there should be a long term demand / rent. I am not looking for any more IP in my name as I already have a few and I am now Non Resident for tax purposes. So I wanted to buy an apartment in my daughter's name. She can then use it as PPOR sharing it with other student. When she leaves the place then it can be rented out. I saw earlier posts on this subject. FHOG could be an added benefit. I have equity in my own home which I can draw down. But I dont want to do that. How to go about getting the apartment in my daughter's name? I tried my current lender who flatly refused saying the borrower must pass the cash flow test. My daughter does have a part time job not earning much as she is a full time student. Is there any set up I can use?