Thanks for your insight Richard, unfortunately the broker we used this time around didn’t really fully explain it that well to us.

Thanks for the reply Richard,

I will give you a basic look at our situation, we have our PPOR which is at 50% LVR (with one lender) these days after diligent extra repayments over the last 5 years. We have our first investment loan which was set up as 2 smaller loans across 2 lenders – 150K on one loan to secure the land, and 285K on the other for the build and “buffer” (buffer is in an offset account).

Does the above strategy appear sound in your opinion? or is it over-complicating things? Finally, will this initial setup of loans hold us back and limit our strategy for growing a portfolio?

I really appreciate your feedback on this Richard, thanks!