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Thanks Guys, you are confirming what i feared. What about bridging loans? is that just a fancy name for 'we will hide LMI and call it something different'? Basically, i'm pretty sure that our existing property will sell fairly quickly (very popular entry area where most houses sell within...

Hi Guys, We came across an opportunity to buy our upgrade house about a year before we planned to do so (and as such we haven't planned for it). The opportunity is good (about $50-60k below market value). Problem that I have is that our deposit is currently tied up in our existing home, how...