Hi Nick Can you please explain again how i can put my existing PPOR into a Trust then draw 80% equity out of it and then use that money as a deposit on a new PPOR! While keeping my existing PPOR as a IP! I currently have a debt of $200k on a property worth $500K but i have used some of this equity to buy a IP already with a line of Credit so now i am geared at 80% already! I might have to wait a year or 2 so i can refinance again and buy my new PPOR! Should i pay off my debt of $200k as quick as possible before i transfer it into the trust or should be patient and just wait for the capital growth then refinance. thanks again for your advice Triu