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    Avoid LMI or not?

    New Investor Thanks Guys, your responses are amazing. I am planning to buy more IP's. I am currently with CBA with 4.85% variable rate, and I understand that the rate is not everything. I am going to sit with my broker today, and with my buyers agent tomorrow to discuss my strategy and...
  2. N

    Avoid LMI or not?

    Hi There, I am a new investor, just bought my 1st investment property and i borrowed 80%, and I used my house equity to pay the 20% deposit. Now, I am thinking about buying my 2nd IP, my buyers agent is advising me to borrow 90% and pay mortgage insurance, and keep some equity to buy my 3rd...
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