I am currently living in a unit with $60-$80k equity in it. Rent received would cover the mortgage costs of the unit. I want to purchase a home and move into that. What are my best options? Any hints/tips? Do i save a deposit for the new home or can i use the equity in my unit? Any other tips/hints much appreciated, this is all new to me as the unit was my first home One more thing... I will probably be looking at purchasing the home in 6-12 months, am i better off saving money now or paying the current loan? or putting any savings into the offset account??