Hi guys, Lots of great advice on this forum. In a couple of weeks I have learned a lot about things I didn't know I didn't know. We are renters, 2 kids, good income, investment in high growth business and 150k cash. We stayed away from buying real estate because at first we weren't sure if we would/could stay in Australia, then we didn't have a big enough deposit to buy a PPOR we'd be happy with and not comfortable using that deposit to invest in something we knew nothing about. Now with interest rates so low I'm feeling pushed to make a move. Our cash sitting on a bank account is losing value... I'd love to eventually be able to start purchasing IPs with the aim to support retirement. We will try and buy a 4 bedrooms unit in inner Melbourne next wkd (wish us luck). With the current interest rates, costs of owning would be less than our current rent (excluding stamp duty). After 2 years of "owning" PPOR, we should have $65k in the offset and the loan down to 80% LVR (assuming a 2.5% annual property prices increase) without any actual capital repayment as loan would ideally be set up as IO. At that point in time how would you proceed to purchase an IP? Use the cash in the offset as a deposit? I assume we couldn't get a loan against the PPOR equity as LVR ratio would be too high? Or would it be too early to think about IP? I'd appreciate any pointers, any books recommendation and the like from people with a similar trajectory. Just trying to lay out a long term strategy before starting out!