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    Stay conservative at 80% LVR or max it out?!

    Hey Jess, Appreciate the clarification around "loading". Cheers, Taku Hey Shahin, That's great news around the Westpac lending criteria! Yep, spot on - I definitely do want to grow my portfolio relatively quickly and as long as the banks lend me, I will continue to purchase...
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    Stay conservative at 80% LVR or max it out?!

    Hi Redom, This is golden info that I hadn't thought of myself - thanks heaps! What do you mean by "they'll load your mortgage expenses at a higher rate - so you'll need to have reasonable borrowing power to get it over the line."?? Cheers, Taku
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    Stay conservative at 80% LVR or max it out?!

    If I wanted to dip into some of my equity (the 20% deposit i put down - $76K) from my first IP purchase, what sort of difficulties may I run into? Will my lender (Westpac) allow me to do this? Ideally, I'd still like to keep a minimum of 12% deposit in my first IP to ensure I stay within the...
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    Stay conservative at 80% LVR or max it out?!

    Hi Jess, I'm with Westpac. Would you happen to have any insight around them? Cheers, Taku
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    Stay conservative at 80% LVR or max it out?!

    Many thanks guys. The more advice I can attain from people who've been there and experienced first hand how to build a portfolio of multiple properties is golden! Considering I have $76K invested in my first investment property, should I dip into this deposit, therefore, leaving as much...
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    Stay conservative at 80% LVR or max it out?!

    Haha this is true. Any advice/thoughts from your self Hugh72?
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    Stay conservative at 80% LVR or max it out?!

    Hey Mick, Appreciate the advice.. Sounds like you have a bit of experience under your belt. My instincts are telling me to go for LMI, and now I just have to map out a strategy that will get me to my 2nd, 3rd 4th?? 50th property and so forth. Having a strategy laid out early is really...
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    Stay conservative at 80% LVR or max it out?!

    Hi gang, I really need some advice and insight. I bought my first IP last year, in October 2015. The purchase price was $380K and I laid down a 20% deposit ($76K). I'm super keen to purchase my next property, in June, because that's when I get off probation at my new job. If I was to get a bank...
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