PC_Melbourne, thanks mate, that was a great reply. I’m don’t have much IP knowledge but I’m trying to learn as much as I can.
Yes, me and my girlfriends name are both on the contract.

Cheers for the reply mate, ive actually spent the last couple of hours browsing through the forums and noticed you have alot of comments regarding a range of different topics, so thanks for your help.

I actually just got off the phone to our bank (St George) and they said we wouldnt have any problems with how much we could borrow, but they said because we dont alot of equity, we would be paying around 10k LMI with a 90% LVR, does that sound right to you?? Plus 15k onttop of that for stamp duty and legal fees etc And also mentioned we should get our house valued in conjunction with the new home loan application, apparently its alot cheaper???

Im very curious as to whether investors just put that extra say 15-20k on their loan for all these expenses or is there other ways i should look into??