If you already own your own home and have a reasonable amount of equity in it, you may not need to raise any cash to start investing, since lenders may let you use that equity as a deposit for the investment property.  Remember it's not just about reducing the amount you owe on your home that increases your equity.  If the value of your home has risen since you bought it, your equity is likely to have increased as a result.

Investing is also a great way to get started in the property market, especially if you have a deposit saved.  Lenders consider the potential rental income you’ll get from a property when calculating how much you can borrow.  Property can be a viable investment option for a first time property buyer as well as existing property owners.

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This advice is general and does not take into account your objectives, financial situation or needs. You should consider the PDS and Terms & Conditions, available from IMB, before making a decision about products related to property investment. Financial Planning services are provided by IMB Financial Planning Limited ABN 23 094 730 195 AFSL 234 660