Hi Richard,

Thank you for your post.

I am quite sure we will not be needing to access these funds.What other benefit would it bring me to borrow the whole amount?If we borrow the whole amount we have to pay mortgage insurance, isn’t that right?

Thank you, Paul.

So you think it is better to use the $260K as a deposit for a house rather then splitting it and using to buy 2 apartments?
How much deposit would you put into the loan?If the property we like is around $600,000 would you still use whole $260K as a deposit to decrease the loan or would you use just 20% to avoid the…[Read more]