Lots of good info above for sure. My second IP was purchased purely with the equity from my first IP after about 3yrs of buying it. To buy my 2nd, i had to pay about $500 of my own money including purchase costs.

I got a great deal and for 18 months that property cost me nothing even at just over 100% finance as the rent was great and in that…[Read more]

ok thanks for the advice