Ok my situation, I hope you guys can give me some advice. I dont know who to seek advice from. Property i want to invest in. Currently rents for $600 per week,asking price is 530/ $540,000 add stamp duty 20k =550 There are a number of reasons why i like the property but my plan modtly is to move to the area in a few years. Ok i have $400,000 cash plus equity of $220,000 from the Bank( i can get more)PPOR. I dont want to spend ALL of the $400k , so am thinking this way, I spend 350k of the 400, and take oout 200k from the equity from my PPOR 350,000 my own cash plus take out 200,000 from ppor equity will give me then adds to $550,000 Rental return is $600 per week, $2400 a month. I will then have to repay $1073 per month repayments on my PPOR Negatives is i will only have 50k in my life savings but a PPOR debt of $200,000 Positives is i will own the IP outright . Maybe I could eventually transfer the PPOR debt to the IP debt??? I wonder if thats possible??