Hi Michael,Thanks for the advice. I am in the eastern suburbs in Sydney and there is no reason I can't invest here again. But I guess diversification is on my mind. Also while this area may give me good growth, there may be other areas which are cheaper that would allow greater capital growth and would allow me to buy more than one unit. For…[Read more]

I understand that, but does that mean the max I could borrow to avoid LMI would be around 529k (80%). I don't want to dip into savings, but use the equity only to invest and I want to avoid the LMI as it is a waste of money.I have just been trying to figure how they came to this max value I could borrow from the details given to themProperty…[Read more]