Thanks Michael and Terry for your constructive comments, really appreciated.  thanks for advice re. insurance it's something we will certainly be looking into. We also checked with the bank, and they're not charging double fees.Both mortgages will be interest only. To clarify, the IP1 NSW is 50/50 the IP2 QLD 90/10 (in favour of my husband). Does…[Read more]

Thanks Tony / Richard – really appreciate your comments. As you can tell, we are relatively new to the property game but very keen to learn and build a portfolio.To clarify, yes the property is jointly owned and we are in NSW – not sure whether that means you have to pay stamp duty on spousal buyout? Seems like if nothing else, we will switch our…[Read more]