Hi all, First post! I'm fairly new to Investing and wanted to get some advice on a (perhaps insane) strategy I've cooked up. We (me and wife) only have our PPOR in Sydney at the moment but it's got a fair bit of equity so we want to invest. We were talking to a broker and he was giving us figures on interest only loans. This lead me to a thought, what if I accumulate quite a lot (10+) of high yield apartments (thinking Carlton, Melbourne) on interest only loans giving me substantial cash flow, I'm envisioning around $4K+ per month. I then use that cash flow to smash the remaining balance on my PPOR home loan ~$240K to pay off house in 2 years or less. Then I concentrate on paying off all the units individually by targeting them with that cash, and voila! Property empire amassed. Is this deeply flawed? Like my name says I am a noob to property investment but I thought this is a possible strategy. The one risk I thought of is what if interest rates rise, but I know they won't for a good couple of years at least. Thoughts?