MK70,I think you are right. I've checked with some of the more...

MK70,

I think you are right. I've checked with some of the more common financial institutions (NAB, Westpac, etc) and they require 30%. I might have wait until I have the 30%.

I to wait for another apartment to come on the market anyway. There hasn't been one up for sale since I bought the first one 2 years ago, so it appears that they don't turn over quickly.

Anyway, at least I have a long term plan which I know is going to work as I can either continue to rent out the existing places; or sell the lot once I have bought them all; or I can use the 1800sq m for redevelopment.