Hi, I'm new to the forum so please excuse me if I'm asking stupid or obvious questions! I'm at the stage where I'm ready to buy my first property and I'm feeling quite overwhelmed by the process, particularly the finance aspects of it. I've pored through a lot of the excellent advise on here and here's what I have decided so far. I'm going to start with buying an investment property (likely in Brisbane suburbs or Newcastle which I know well as I went to university there). I am currently renting in Sydney and can't justify the price of apartments I'd actually want to live in the areas I rent now. We are going to move to Darwin for a year in 2016 and have no idea which city we will live after that so no PPOR for now. We currently have about 100k to invest, and both earn about 100K per year currently (but also lots of study related expenses per year). My hope was to buy investment properties in the next couple of years, maybe 2 (or more) less than 450k? However In 2 - 3 years we'll be on a single income of around 140k as I'll likely have to stop work to start a family. As we mostly have a secure income I'm most interested in capital growth and happy to hold onto properties for medium to long term. What is the best way to get started, buy a cheapie around 300 - 400k, try and pay it off as quickly as possible and then build on that? Should I put down all our 100k deposit on the one investment property? And wait for it to be paid off before buying more? Or is it best to put down the minimum possible deposit and have longer loan terms for multiple properties? I would like to buy our PPOR in about 3 years time so this is likely to be a more expensive purchase (maybe Sydney northern suburbs or inner west) I just don't understand how the mortgages and financing works! Can someone please tell me where I should go to start learning about all of this very confusing matter. Any idea what might be the best strategy for me to get started? Again I apologize if I'm asking very obvious questions - just learning now! Many thanks!