First PPOR + IP

Hi all

I’m new and have been doing a lot of reading of these forums and now for some questions.

I have 80k deposit, a good job 60K net, a small business 10-12k net and some market investments 60k I want to hang on to (long term view).

I qualify for FHOG and stamp duty exemptions.
Its time for me to move to my own PPOR but I would also like an IP. PPOR I would like first.

So, looking at about a 350k PPOR property, is it best to use all of the 80k for PPOR deposit, or the minimum required for mortgage. Will use an IO loan for PPOR as will probably move on from there and rent it a few years later with 100% offset account and keep the remaining of the 80k cash in the offset.

The IP – at some point 1-2 years away – small deposit – no deposit? Depends on my financial position in 1-2 years time?

I am factoring interest rates will go up – allowing for up to 9% before repayments on PPOR may get tight, and realise there will be some additional costs on the IP for a while.

Or – should I rent?? and have several IP’s. Just throwing another idea about. I have rented before, and see it as lost money.

I am going to see a FP soon for some overall strategies and ideas suitable for my situation. That is a whole other area for consideration.

Just looking for some more ideas as a starting point – suggestions about how to best use my deposit for the scenario suggested.

thanks for your consideration

BB