All Topics / Hotch Potch / have i made the right decision??
At this point in time i cant get a loan for 80% 20% for my 1st investment property because i do not have enough equity in my PPOR…i have decided to do some renovations on PPOR with money that i had saved for investment property Am i doing the correct thing or do you think i should jump strait into the investment game and pay mortgage insurance or wait 3 to 4 months and do renos???
Kris
Have you identified any properties and crunched the numbers using LMI? This might help you to work things out.
I will send you an attachment by email to look at.
Cheers
LeighK[]Carve your own path and lead the way …
Kristine
If you would like to email me some quick figures happy to give you a second opinion.
Cheers Richard
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http://www.fhog.com.auThere is no such thing as a problem.
Just a solution waiting to be foundRichard Taylor | Australia's leading private lender
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