How can I use my home's equity to buy an investment property in Perth?

Hey! Super excited to help with your investment property question using equity! We’ve got around 80k left on our mortgage, and the property’s worth about 1.2. Domain reckons 1.3, but honestly, not totally sure about that.

I’m feeling a little unsure about how equity actually works — I’ve done a bit of digging and came across a few options.

It just wasn’t clicking for me, andd I seriously need it broken down in super simple terms.

We’re based in Perth, by the way!

And hey, servicing the new mortgage wouldn’t be an issue at all — we’ve got zero other debt.

Would seriously love any advice you’ve got!

Hey mate. It's pretty simple. Pull out enough equity for a 20% deposit plus costs. Structure it as a separate loan split. Secure it against your own home. Then get the remaining 80% loan for the new investment purchase. You avoid crossing loans. You maximise tax deductibility. You borrow 100% plus costs.