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That's a good point Jess and I hadn't thought of that. Thanks for your input.

Hi Jess, yes it could be seen like that I guess but I am simply seeing if anyone has a better way of skinning a cat is all. The more methods the better. I am told that we will only be able to go to 97%LTV (inclusing of LMI) on the PPOR and 95% on the IP. Also I am reluctant to keep...

Thanks Rolf, we were not refused finance, simply that we did not meet the lending criteria. I have told the broker about this and she assures me this should not be an issue.

Thanks Rolf, I suspect we may struggle then. I doubt you have been following all of my early posts but we had initially been planning to purchase a block of land and build kennels as my wife has a dog walking and boarding business but we were declined finance as the block was deemed too...

I am struggling to find that product Rolf. Can you copy a link in here for me?

Is BWA the Bank of Western Australia / "Bankwest" Curious. I will look into that to see what I can find out and send the link of this chat into my broker. Thanks alot. Paul

No just 5% of each plus buying costs

Hi all, I am currently trying to buy two houses, a PPOR and also my first IP in Oz. I am in need of knowing the likely costs to see if I can actually do both. Do you know what my likely outlay would be if I was buying a $220k IP at 5%LTV including stamp duty and LMI? I would be buying...