Lately I've been introducing myself to property investing and have been reading books and around these forums and the old Somersoft ones (F), but alas my maths has deteriorated immensely in the 8 or so years since year 12! If our PPOR is worth $690k and we owe $430 on it, does that mean we could borrow another $122k on it? (80% of 690 - 430) If we can borrow $120k, is it correct to say that at 80% LVR we would be looking at around the $600k mark? Just wondering if we are ready to start looking into it all more seriously or if we need to wait for more equity. I guess as an aside, with the new APRA regs is 80% almost a pipedream and should we be looking at 70%?