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Really appreciate your valuable input. I just signed the second ip today with similar price a bit under 300k. Now I quickly called BankWest to request a loan split to fund the second ip 10%+ stamp duty Also called boq to change contract to variable for the first ip as soon as I heard the...

I edited my question, sorry it was a bit confusing

BankWest loan is PPOR, that's my appartment, living there with my husband

Equity release split loan

90% borrowing with equity is a PROP 60k equity+I have 70k saving as well in the variable loan. I am buying the 300k as investment property, and trying to offer another one as well. Yes I want to be an investor

Dear experts, Thanks for all the valuable information, I have learned a lot. I would like to seek some opinion on my loan structure. PPOR 90% loan with bankwest, and yes I paid LMI. I also have equity release 60k never been used in seperate account number. 70k saving, the PPOR has capability...