I’m also freezing here in Adelaide. I’m new to this investing so called “game” I have a question to ask you, and you may think I’m a bit thick  but in regards to using equity as a deposit. How then do you get the funds to purchase the property, How does this work? 
A big fat 0 at the moment, but I have enough equity in my ppor to hopefuly purchase an Ip before the end of the year. I’m about to order Steve’s book, cant wait to curl up with it, it’s the perfect weather for it here in freezing Adelaide at the moment.
  Bernadet
Thanks guys for your quick response and great advice. I’ve learnt a lot by reading through the forum boards so far, to hear about what you are all doing is very inspiring so I’m looking forward to purchasing my first investment property