The debates and information on the pro's and con's of (a) buying a PPOR versus (b) renting and buying more IP's have been discussed, but does this issue relate to how many IPs or how much net assets one has when one is making this decision?
An case... could be this: If I were to have say 3 IPs in Perth that have risen 200% already, I would have quite a bit of equity. Buying a PPOR with high LVR would be easily achievable. I could use the equity in the PPOR to buy more IPs. The converse can also be argued for.
Another thing this relates to is whether it's better to (c) buy a PPOR in a shoddy suburb, upgrade to the next best suburb, and eventually buy where you want to live, or whether it's better to (d) rent first and invest in IP/shares until one has enough equity to buy in the desired suburb.
An case... could be this: If I were to have say 3 IPs in Perth that have risen 200% already, I would have quite a bit of equity. Buying a PPOR with high LVR would be easily achievable. I could use the equity in the PPOR to buy more IPs. The converse can also be argued for.
Another thing this relates to is whether it's better to (c) buy a PPOR in a shoddy suburb, upgrade to the next best suburb, and eventually buy where you want to live, or whether it's better to (d) rent first and invest in IP/shares until one has enough equity to buy in the desired suburb.