1) Everything’s Negotiable! Always remember that golden rule of real estate. You can ask for whatever you want, long settlement, smaller deposit, something to be fixed by the vendor; it doesn’t matter. Obviously, the vendor has to agree to your request but if you don’t ask you won’t get.   2) Pay Fortnightly. By paying fortnightly you pay more frequently. This can reduce the overall term of the loan. Loan interest is calculated daily and charged monthly so the more often you make a repayment the faster you will reduce the loan balance and the less interest you will pay.   3) Pay extra. Set your repayment slightly higher, maybe $100 each fortnight. By paying a bit more you reduce the principal faster and will pay off the mortgage sooner.   4) Maximise Depreciation. When purchasing an investment property make sure you have a quantity survey done. Investors miss out on thousands of dollars of  depreciation every year because they don’t claim it.