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RP valuation shouldn't matter too much if that type of valuation isn't being used. If it's a shortform the comparable sales it the biggest factor. But the problem will be if you buy property on the open market, valuer is aware of this. Aware of what you paid and what other people could of...

Is there going to be funds borrowed? If so whats the LVR going to be? I've had higher valuation accepted when there wasnt LMI involved (<80%) This can happen because it's a purchase between know parties (not at arms length)

Yes often the valuers will say that if you bought it on the OPEN market then that's the value. Would want to have a good amount of strong comparable sales, woudlnt want to be relying on just one sale and a good explaination as to how you can pick up property 20% BMV.

For this type of purchase would be looking to have a product that has minimal/no establishment costs. Exit fees no longer exist. But discharge costs do. CBA No Fee Home Loan rate isn't the best 5.2% but no establishment fee, no settlement attendance fee, no monthly fee and no discharge fee...

Send me address and I'll tell you ;) $50-60k instant equity, very BMV. 20% discount. Refinance to different lender, straight away. Same Lender 3 months. I would say there have heaps of people who have refinanced for better val at different lender and lots who have revalued after 3months to...