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Thanks all for your reply and I appreciate that. So I can increase the accessible equity above 80% from the same lender, but I have to pay LMI for the extra loan due to increase in equity. This is exactly what I am after. I won't mind a few thousand dollars for LMI. Perth market is going...

Hi All, Here is my scenario: Investment Property Loan amount: $600K (87% LVR when the mortgage was taken, so LMI included), lender bankwest Rpdata estimate: $860,000 (range $800K to $950K) wth confidence level low - (too optimistic to my view. A 4x2 house of the same block size and...