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Depends on the limiting factor also. Deposits or income. If growth properties you can always sell a few down the track, pay off non deductible debt and this will help serviceability and generate deposits. If low growth high rents this may help qualify for more, but without the deposits it...

I am not a fan of this approach. I think there is little point in investing in property unless there is capital gain prospects. Positive quickly becomes negative as rates rise and/or repairs are needed.