Hey All,
Just wanted to put this out there to see if there was a consensus among the brokers on here.
Shortly I will be purchasing my brother out of his share on our PPOR and in the meantime moving to a new lender (Currently with Bankwest, no LMI paid).
I plan to invest quite aggressively and will look to take my LVR to 90% (95% is probably a bit too agressive) and use the equity to immediately purchase an IP. I also plan on renovating the property which once completed I will likely try and draw the equity again for another IP.
I would say I have a medium-high appetite for risk which will hopefully support my aggressive plans in accumulation phase.
So question to the brokers is who would you recommend as a good lender to begin with on my PPOR based on this limited information I have provided.
Just wanted to put this out there to see if there was a consensus among the brokers on here.
Shortly I will be purchasing my brother out of his share on our PPOR and in the meantime moving to a new lender (Currently with Bankwest, no LMI paid).
I plan to invest quite aggressively and will look to take my LVR to 90% (95% is probably a bit too agressive) and use the equity to immediately purchase an IP. I also plan on renovating the property which once completed I will likely try and draw the equity again for another IP.
I would say I have a medium-high appetite for risk which will hopefully support my aggressive plans in accumulation phase.
So question to the brokers is who would you recommend as a good lender to begin with on my PPOR based on this limited information I have provided.