What would you guys do in my situation. I'm interested and open to hear all options and opinions. Current situation: - 26 living in Melb. - Currently sitting at 75% LVR over 5 mortgages across 5 investment properties @ I/O 4.30% for 5 years ranging from 25-30 year loans. - Roughly $1.38M debt/mortgages and currently bank valuation on combined value of properties is $1.85M. - $100k equity currently available. - Bank says I can borrow $400k-450k. Options I'm looking at for my next purchase for IP6: 1. Wait and to nothing for another 6-12 months. Do minor renovations on existing portfolio to release more equity. 2. Buy IP at $400k PP @ 75% LVR in Eastern/Northern suburbs Melb capital growth property between 10-25km out from Melb CBD. I know I will be most likely $100/week out of pocket if I'm chasing capital growth property. 3. Buy IP at $200k-$250k PP @ 75% LVR in Ballart/Regional cashflow neutral/positive property (slower capital growth). I'll get neutral/good cashflow however capital growth will be slower than Option 2. What I think: I'm in accumulation stage so I want to purchase as many properties as possible in my early years of investing. IP6 will be important as it will either restrict me from IP7 etc. etc. due to serviceability. Bank says I shouldn't be pushing 80% LVR on a risk point of view. On should stick to roughly 75% LVR across the board. Which I totally understand given the tightening of loans etc.