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One other thing I would like to clear up... will the bank want to get a valuation on my home I have now? If so I guess I should get as much renovations completed.

ok that's good to hear and I will be sure to go ahead as I'm quite keen to get another property.

Hi JO, thanks for your reply. I don't mind sharing my details, my post code is 2324, Raymond Terrace NSW. The amount I was approved for by the Commonwealth Bank was about $350k but was on the basis of me putting in 20k + FHOG & was for my first home which I now have as I went with the other...

I have been living in my first home now for nearly 6 months and I would now like to see if it would be possible to get a 2nd property. I would like to hear feedback from members, especially experienced people. My situation details: Current property: Living in a cheap home purchased for...