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  • Profile photo of moonrockmoonrock
    Member
    @moonrock
    Join Date: 2003
    Post Count: 5
    January 28, 2004 - 1:07 pm

    Thanks PropertyGuRu!
    I will check-out this lead. Appreciate your help.
    Cheers
    Patrick

    Profile photo of moonrockmoonrock
    Member
    @moonrock
    Join Date: 2003
    Post Count: 5
    January 28, 2004 - 12:57 pm

    Thanks Felicity and Simon,
    It’s really helpful to hear about different ways of dealing with this issue. I can see how incurring the LMI would enable funds to be spread further. The 100% lends by drawing on equity to fund the deposits plus costs also sounds a great idea, though it would obviously crank up my own mortgage.
    Thanks again.
    Patrick

    Profile photo of moonrockmoonrock
    Member
    @moonrock
    Join Date: 2003
    Post Count: 5
    January 26, 2004 - 12:58 pm

    Thanks Simon and James for your advice and comments. Given that others seem to be making deals with very little money down, I assume they are paying mortgage insurance.
    Cheers
    Patrick

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