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Am I reading this right... so every 'professional' which visits the forum and offers an opinion is now to be scrutinized and reported on by you? From accountants, to builders, to brokers, to financial planners, and the list goes on?

If I can rephrase - I'm seeking your thoughts here - say if he puts 20% down today and avoids lmi and then decides to move out in a year or 2. Assuming that he'll need (in todays terms) funds for the deposit on the new PPR - unless he's saved it - (or IP as I said before which you are correct...

Michael From what I believe you are saying (for some reason I'm sure you'll clarify me here), borrow to 80% for the PPR and skip the LMI. When the IP opportunity comes up, then go back and get the additional 10% cashout from the bank at that time as its more 'easily claimable', and that is...

Comm has pros and cons but the offset does sit (for me) more on the con side as most people need to keep a float in the streamline - its lots of balls up in the air... One thing to watch as well Barry and Peter and the other ING people - is that ING is increasing its smartpack fee to $699