1. I'm buying my second IP so no longer have the first home buyers privileges. I've found a property I quite like and feel good about, however it's literally stretching the limit of what I can afford. It's about $100k more than I was wanting to spend, but I feel the extra cost is justified and worth it. Chances are I'll be able to scrape together the 20% deposit, but I just noticed that stamp duty is going to be about another $15k. Now I know I can just add the $15k to the total cost and borrow it and only require 20% at the end of the day, but I'm just wondering are there any loopholes or is there anything that can be done to avoid paying stamp duty? For example, my sister would still be entitled to the FHOG and exemption from stamp duty etc. Would it be possible/legal to buy the property in her name and then have her transfer it over to me afterward? Or sell it to me for $1? Or 'gift' it to me? 2. My first IP was a very quick thing, got in at the last second and really didn't have time to do any checks or anything. Put simply my offer was accepted, I gave the deposit, walked up the rd from the real estate agent and paid the conveyancer to do whatever it is they need to do and had mortgage choice sort my loan, basically X weeks later I had my first apartment. This time round, seeing as I'm spending a lot more money, double basically - I'd just like to make sure I do everything right. Is there anything I should do before buying? I've been told I don't really require an inspection because all that should be covered in the strata report, which my conveyancer will take a look at? Thanks guys, I'll keep you all posted on whether or not I go thru with the purchase.