Hey All, First post here! Have been reading for a while and some really great advice. So my situtation is this; I am an Australian living in London and have been here for about 2 years. When my fiancee and I moved here we left our 1br apartment in Melbourne and started renting it out.. this has worked out great and lucky for us we have been able to generate about 60k worth of estimated equity in the property, and have had some great tenants. We plan on moving back to Melbourne in November but want to buy another property prior to moving back so that we can move straight back into it on our return, whilst keeping our other apartment as an IP. The property we are looking at is around $450k, we have about $25kcash, and as I said earlier an estimated $60k in equity.. What I want to know is, how can I use my equity as leverage on a new property? Would it be better to remortgage the property to release the equity, or take out a separate equity loan altogether I look forward to hearing your responses, thanks all!