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Hi Jess, the Stamp duty is waived up to $430 in WA and after a certain figure you pay the full amount and lose the benefit I believe. IF I can find PPOR for $430k I will save a hell of a lot. I am thinking more and more that this is the way to go. Have a play with this...

My rough aim before I stumbled upon LMI issues by my broker was to spend roughly $500k or less on PPOR and $300k or less on IP. My thoughts were 5% of each would be total of no more than $40k $25k + $15k and add the stamp duty on top of each keeping me around the $55k total spend. The broker...

Can I clarify... If i find deal I like with a lender and pay the LMI then refinance at a later date, would I then have to pay another LMI? If that is right I have to pay LMI again every time I switch lender? This could get expensive. Setting yourself up for an investment portfolio is not...

What does OP mean?

I am buying established Jamie as I want to get out of the rental circle by March. We could buy the IP first, move into that then build to get the $10k, that is an option.

I should maybe add that I do have the ability to buy just the ppor first then continue saving for the IP deposit but my fear with this is that my wife will want to start dressing the ppor and the deposit will dwindle or savings will not happen. I would like to find a way of doing it so we are...

Hi all, now that plan A has fallen over I would noe like to buy our first owner occupied home and also our first investment property. We have $55k saved and around $25k of that is genuine savings and other funds drawn from a remortgage of our UK house. I would like to know how I can...