Hi all,
Going to refinance my PPOR with a split secured loan.
Just wondering.
Buy 1 IP and avoid LMI
Buy 2 IP's and pay LMI on both?
Both IP's will aim to be slightly NG and will try turn them CF+ in 4-5 years.
Is the LMI even an issue?
Or should I just jump in?
I currently have one IP slightly neg
Still a massive L plater on investment!
Going to refinance my PPOR with a split secured loan.
Just wondering.
Buy 1 IP and avoid LMI
Buy 2 IP's and pay LMI on both?
Both IP's will aim to be slightly NG and will try turn them CF+ in 4-5 years.
Is the LMI even an issue?
Or should I just jump in?
I currently have one IP slightly neg
Still a massive L plater on investment!