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I think I will try to save money and put it into my PPOR loan account for the next 2 yrs. And then will try to buy another IP with 80% LVR (no LMI). How does it sound? On the other hand, it looks like if I get a 95%LVR loan now and buy another IP, it will generate equity more than the LMI I am...

Thanks for the reply. My PPOR is worth 178k with a loan of 166K from ANZ. The first IP is worth 236K with a loan of 228K from CBA. The second IP is worth 146K with a loan of 131K from Westpac. My earnings are 100K before taxes. At present no cash........so no buying for the next 2 yrs. how do...

Hi All, I'm new investor and am reading this forum for the last 2 months. Thanks to all the contributors. My situation is: A PPOR loan with ANZ, an IP loan with CBA and going to buy another IP with a loan from Westpac. All small properties. My question is what are the pros and cons of having...