thanks terry for your help,   but still a little confused.. So by what you are saying the only way i can get to own say 5 properties is if my income increases to around $1500 a week to be able to afford them roughly……isnt it possible to purchase another property by putting your first 1 up as like a gurantor for the 2nd property  and the 3rd up…[Read more]

Terryw wrote:
HiServiceability is going to be tight – is that $600 pw before tax or after?You may be able to squeeze in another IP now, but the third one may be a few pay rises away.

thanks for the quick response guys…… i also didnt mention that the 2nd property i was looking for  would also be a positively geared property also so does…[Read more]