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Common misconceptions about investing in property: Part 2

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Your Investment Property | 03 Aug 2014, 01:30 AM Agree 0
This month I want to follow on from last month’s ABC of Investing with more common misconceptions around borrowing money for investing and chasing high yields so that more budding investors understand how to start investing in an easy, stress free and low-risk way.
  • willegalley212 | 09 Oct 2014, 07:58 PM Agree 0
    This question is very intersting which makes one aware regarding the misconceptions in the property investment.
  • | 28 Oct 2014, 06:10 PM Agree 1
    Paying LMI is a clue that you are investing at increased potential risk level. Doing so you need a clear strategy to reduce your debt leverage thereby reducing your potential future risk.

    Banks are happy to let you use Lenders Mortgage Insurance because it protects them, however it doesn't protect you, the borrower what so ever. In fact the mere fact you are using LMI means things are tight, proceed carefully.
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