To avoid or not? LMI

mardi 24 février 2015

Hi all,

Going to refinance my PPOR with a split secured loan.

Just wondering.

Buy 1 IP and avoid LMI

Buy 2 IP's and pay LMI on both?



Both IP's will aim to be slightly NG and will try turn them CF+ in 4-5 years.

Is the LMI even an issue?

Or should I just jump in?

I currently have one IP slightly neg



Still a massive L plater on investment!

To avoid or not? LMI

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