Hi everyone, I need some advice on: How to afford my own home in Melbourne within 5 years - 1 million cost At the same time build wealth using property as a key strategy My current situation is: 32 years old. Married with 3 kids. Bought a 2 bdr unit in 2011 for 436k. Lived in it for 2-3 years and now it is an investment property valued 500k renting for 425pw. Yield 4.5%. Loan amount was 260k. Principal remaining is 138k. Positively geared now. Equity 360k. I'm renting at the moment Salary is 140k excluding Super. Bonus around 21k and company shares 10k each year. I have a small side business with revenue 15k-18k annually. Would like to grow passive income so that I can "escape the rat race". Leverage is probably one of only ways to accomplish this. I've spoken to a few banks. Using 250k as equity, I can borrow over $800K for an investment property, plus existing $140K loan. I don't have a mortgage broker and am unsure what services they provide that I might need. I'd like to test the following: Buy 1 or 2 investment properties in the next few years. 450k ranges. Use equity to buy own home. I'm not confident that the equity will provide enough deposit. I feel like it's one or the other. Buy a home, sell investment and be forever in debt. Or build wealth using property investment but unable to afford my own home any time soon (unless I keep renting or downgrade my lifestyle). Any thoughts and comments appreciated. Thank you so much!