I know this is kinda a stupid question but here goes. I recently stopped working after 3 years at my previous job. I am currently studying so have no income other than interest from my bank. I have a substantial amount of cash enough for 40-50% of a medium priced house in NSW. Now if i was to deposit that amount would they consider having a guarantor (parents) co sign with me even if i dont have a income? I would still like the house to be under my name though. Also i was wondering too, if i was to buy a unit would it be better to pay for it outright or do the normal 20% as i do plan to turn it into a investment property after 6 months. If i do the 20% i would have the same problem with no proof of income.