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  1. M

    Rate question

    Thanks, I'll look into the suggested lenders. If I can take out 85% without LMI, that would be great. Rolf, always appreciate your view, so thanks for responding. Words to live by... yes, I do have a good grasp on my long and medium term goals and had a good discussions about them with my...
  2. M

    Rate question

    Thanks, will look into putting the income into my ppor loan. Good way to lower non deductible and increase equity in ppor. Is there any advantage of using a loc over a standard IO loan with offset? Looked around SS and Google, but didn't find specifics of why loc is better.
  3. M

    Rate question

    Thanks, LMI is something I am considering. Without going into specific advice, how do you think I can structure this better? I'm pretty new to the whole structuring world, so would love some more tips. Thanks Redom, always appreciate your comments. I've just financed my PPOR with NAB a few...
  4. M

    Rate question

    Agree re DYI, and actually using a broker. He first offered NAB and he was a bit surprised at the rate they are using, and he's now offering Mac. He was also a bit surprised when I told him I want to use my existing investment loan as a buffer, isn't that a common strategy? Although he was...
  5. M

    Rate question

    Thanks Jamie, Structure would be as follows: PPOR Loan + offset - NAB General investment loan (buffer, IP expenses, etc.) + offset - NAB IP1 deposit + setup costs - NAB IP2 deposit + setup costs - NAB Total of 80% LVR on PPOR from NAB IP1 80% other lender IP2 80% other lender...
  6. M

    Rate question

    Hi all, Long time reader, 1st (hopefully out of many) post. First of all, thanks all for the awesome knowledge you are sharing, it is invaluable. After recently getting my PPOR sorted, I am now looking for IP #1 and planning for IP#2 in a few months. Been shopping around for rates, and...
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