He doesn't have 300k.He is paying insurance on the 300k twice.If...

  1. JoustingSticks
    419 Posts.
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    15/07/13
    09:11
    Post #: 12062592
    He doesn't have 300k.
    He is paying insurance on the 300k twice.
    If you have to pay LMI on an investment property I would be putting off the thought of buying until you have reached a sufficient level of savings and equity to fund the 20%.

    JS
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