Hi, I own 8 properties and have a mortgage on 2 of those properties totalling $916k. The rent earned is $2650pw on 7 properties. 1 property I use for personal use, but could rent for $495pw if decided I need to. I recently returned to work after an absence of 2 1/2 years and have been in my job for 3months and earn $100k gross. I am currently renting and paying $350pw , because I work interstate In Melbourne, I moved from Gold Coast for this job. I would like to buy in Melbourne and would like to know how much I could borrow and should I buy as an investment first and rent out and then move into it later or buy live in straight away. I do not have any credit cards or personal loans , other than the mortgage. My living expenses is minimal.