I bought a 700k property in December. The 5% deposit was great as my stamp duty was over 24k and I needed money to furnish the house. I have big goals which include buying an investment property in 2 years, and then using the equity in both houses plus savings to buy my forever home and to also hopefully continue investing.

I cannot find any information on how only having a 5% deposit can potentially affect my goals in the next 2-5 years. I’ve really muddled through this whole process and don’t have anyone in my life who has any experience in property. Could anyone tell me if my goals are realistic?

I am single and earn approximately 124k a year and have 14k in savings if that is relevant. However if I get accepted to my dream job I will be taking a pretty big pay drop, but I have no idea when the company will be hiring again. Thanks in advance!