Forums

January 28, 2004 - 1:07 pm

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

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

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