Hi all,
I am currently trying to buy two houses, a PPOR and also my first IP in Oz. I am in need of knowing the likely costs to see if I can actually do both.
Do you know what my likely outlay would be if I was buying a $220k IP at 5%LTV including stamp duty and LMI?
I would be buying this after having just purchased a PPOR also at 5% LTV etc and that may be around the $430k mark.
My broker tells me that my outlay for the IP would be about $29k if I bought at $250k.
Many thanks
Paul
I am currently trying to buy two houses, a PPOR and also my first IP in Oz. I am in need of knowing the likely costs to see if I can actually do both.
Do you know what my likely outlay would be if I was buying a $220k IP at 5%LTV including stamp duty and LMI?
I would be buying this after having just purchased a PPOR also at 5% LTV etc and that may be around the $430k mark.
My broker tells me that my outlay for the IP would be about $29k if I bought at $250k.
Many thanks
Paul