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  1. N

    Newbie Scenario Sense Check

    This doesn't make sense. Assuming that you're using equity in your existing ppor to fund the deposit for a $300k property (and borrowing at 80% LVR to avoid LMI) for the new loan it could look like this: Total Owing Against PPOR: $270k (existing loan) + [$60k + purchasing costs of IP]...
  2. N

    Newbie Scenario Sense Check

    What have you defined as a reasonable yield? Other than the yield and your comfort zone with these areas, do you have other reasons to believe that these are good locations to invest in?
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