Hi all. This forum has already been a wealth of information for me and now I would love your opinions on my situation please. I will be seeking professional advice in the near future, but would like to go in armed with as much of my own knowledge and ideas as possible. I will be receiving an inheritance in the near future of around $230k and currently have growing savings of $20k. This amount of money could really set up my future so I want to make it work for me the best I can. I am a 24 year old first home buyer, single, still living with parents, and would like to purchase a PPOR. My annual income is a smidge over $50k meaning I can service a loan of around $165K. With my limited knowledge, I think that I have two viable options. 1. Purchase PPOR for under $400k. IO loan with 100% offset with view to make this an IP in future. 2. Purchase same PPOR, but with view to keep this as PPOR for a number of years and purchase a new IP in future. As my loan will be relatively small due to putting the inheritance towards it to begin with, should I be aiming for #2 in a few years as this would be a larger loan for tax benefits? If so, should I still structure the PPOR loan in the same way? Please feel free to point out an option number 3, 4 or 5 for me too Thanks in advance.