Hi all. Just looking at some advice/ideas at what I should do next. Age: 30 Current situation: I purchased an IP 16 months ago with a plan to do a knock-down rebuild. It was an area I planned to live and still do.The IP owes me 513k and it is 100% borrowed, secured by PPOR. My PPOR has around 500k equity. The IP is 2 mins from the beach and close major shopping centres and about 15 mins from CBD. I can see this being an expensive area in the not too distant future My PPOR has about 100k left on the mortgage and i estimate there's around 500k equity. The original plan was to, at some point, sell the PPOR and build at the new place. However, while this is affordable for me, I'd rather not have a largish (IMO) loan on my PPOR. Ideally i want to be able to either own the home outright or have a small loan. I'm keen to live in the area ASAP and was hoping in 2-3 years time i'd be in there or starting the build process. My thoughts: Option 1: Sell my PPOR and move into the IP. Sit the 500k in an offset account and save like a mofo for a 2-3 years. This might get me 50-100k extra. This would allow me to get into the new house quickly, but probably have a 400k mortgage.Once built I could purchase another 1-2 properties and and eventually pay the PPOR off. Option 2: Same as option 1, but buy additional IP's. This would allow me to gain equity while also paying down the principle on the loan (fully offset). While i may not build in 2-3 years, my equity would increase substantially. Buying 2 x 500k IP's @ 4% annual growth would net me around 200k in additional equity over 5 years. Plus the principle repayments on the original IP @ 2k/month for 5 years should get me another 120k in equity. I would probably expect that the original IP would have a value of around 600k or more by this time.This would put me close to making my first million. Option 3: Keep my current PPOR and buy another IP. Over 5 years I should have the PPOR paid off and the home would possibly be worth around the 680-720k mark - and I may own this outright. The additional IP would hopefully give me another 100k to add to this. Option 4: Ditch the new build. Sell the PPOR and move into the IP and have it fully offset. Do a small renovation and be happy in the home. From here I will have plenty of cash and equity to start buying IP's and building on equity. Happy to hear other peoples thought - i.e. what you would do.