Hello, Long time reader and i am now at the stage where i need some advice and ideas. I imagine id need to get some paid assistance at some point to assist with our journey but thought id reach out here first before doing so. We are a 1 income house with 2 kids and are renting. My wife is on mat leave and will not be going back to work until the kids go to school FT. We have been saving for many years and are cash heavy in my opinion (500k). We currently invest in the stock market through shares and super with a long term view. I would now like to put that cash to work for our future. We are thinking of buying our first PPOR. Something as a first stepping stone with the view of upsizing down the line. Probably a 2/1/1 unit similar to what we rent now. Its not perfect but we live quite basic and currently rent this style of unit for our family. Some people i have spoke with think this could be risky considering the current times. We did consider rentvesting but i think we prefer leaning towards a first PPOR with any other IP's coming after. As the property will be a starting point and we are running on a single income, we are not looking to get the dream home just yet. Our current train of thought is to start with something moderate (500-700k) and work up over time. i imagine we could be here for around the 5 year mark give or take depending on what life throws at you. My wife should be returning to work around that time which will increase our borrowing capacity again. We were planning to put down a 20% deposit to avoid LMI and we also have cash reserves which would cover a good chunk of the remaining mortgage. I know i could get a tiny mortgage if we went all in but i would rather have access to the funds for investment opps, potential diversification and an emergency fund. We still have a couple of decades of work left in us so can continue to contribute towards a home loan. So far i was thinking about getting a P&I mortgage with offset over 30 years and begin to pay down the home loan with all the cash in the offset to save interest. The deposit and paying down the P&I should allow us to gain some decent equity over the following years. When we are ready to upsize, we are open to either keeping the property as a IP or selling up depending on the market. From my calculations, the mortgage + rates would be around the same costs we spend on rent at the moment. In the future, we would like a family home and hopefully some income from shares/IP's. With that in mind, i have the following questions. * Do you agree with the approach? If not, what suggestions would you make? * Should i go with the P&I offset or an alternative product? * Should i consider a split home loan in this scenario? For example, loan A to cover the full offset amount so i do not pay anything and loan B to cover the smaller P&I amount? I could then pay down loan B faster. * Do you have any other suggestions how we may utilise our cash in other ways. * Should i consider the same approach but look to take a portion of the cash from the offset and get an IP in maybe 12-24 months time? Thanks, David.