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  • Profile photo of MicknmargMicknmarg
    Member
    @micknmarg
    Join Date: 2003
    Post Count: 4
    September 10, 2003 - 8:51 am
    Quote:
    Just want to find out if there is
    anyway to borrow 100% but not paying
    mortgage insurance?

    thanks,

    borrow the 20% through a personal loan then purchase property then before the mth is out refinance the whole loan

    Profile photo of MicknmargMicknmarg
    Member
    @micknmarg
    Join Date: 2003
    Post Count: 4
    September 10, 2003 - 8:08 am

    Have you thought about properties in country towns?
    Quite a few bargains are still available with good tenants and low vacancy rates.

    Profile photo of MicknmargMicknmarg
    Member
    @micknmarg
    Join Date: 2003
    Post Count: 4
    September 10, 2003 - 7:56 am

    For a little more than 10 yrs we have only purchased positively geared properties and now i see ppl finally waking up to it (most unfortunate for us) but it was inevitable, we made our money and can relax a bit now and wait and watch till things change and they will too.

    Profile photo of MicknmargMicknmarg
    Member
    @micknmarg
    Join Date: 2003
    Post Count: 4
    September 10, 2003 - 7:48 am

    It would seem we should stop considering Qld and start buying properties up there, it seems like it will follow syd and melb.

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