My lvr is at 55%. Mortgage insurers rules and lending rules post GFC (no lo docs without accountant's letter or BAS statements or bank statements) has slowed me down.
I probably needed the discipline imposed on me to stop using IP equity like available credit on a giant credit card (even though net equity continued to grow during this time).
If I thought there will be significnt capital gains in the next 3-5 years I would want a higher lvr (more property). Akin to a company having a lazy balance sheet in prosperous times. But I am quite happy with my balance sheet at the moment.
I probably needed the discipline imposed on me to stop using IP equity like available credit on a giant credit card (even though net equity continued to grow during this time).
If I thought there will be significnt capital gains in the next 3-5 years I would want a higher lvr (more property). Akin to a company having a lazy balance sheet in prosperous times. But I am quite happy with my balance sheet at the moment.