Rent out or sell for capital

[yo yo ma]

I am a little unsure of what you mean "structured correctly"

You have to make sure the loan is set up (structured) correctly, to give you the most benefit. It could cost you money later on. This includes things like:

• 100% Offset accounts
• Cross collateralisation
• Paying interest only (IO) or principal & interest (P&I)
• Keep your investment & personal loans separate.
• Flexability for future purchases or to change loans if you need to

Best to get specific advice on this from a property accountant/ recommended mortgage broker. Keep reading; there is a lot to learn. Maybe start with the "More wealth from residential property book".

Its pretty scary getting further into debt, but I am confident with myself and my decisions and I believe we will do just that.

I agree that it is scary getting into debt. Have a read of this post by Simon talking about good debt & bad debt.
Steve