Barristers, Lawyers and accountants are recognised as low-risk borrowers with high incomes and for this reason, you can borrow up to 90% of the value of the property and pay no Lenders Mortgage insurance (LMI). Normally LMI is payable if you borrow more than 80% of the value of the property. As an example, the purchase of a $1,000,000 investment property with a $100,000 deposit would save you approximately $23,000 in LMI costs. You may also be eligible for a interest rate discount and when purchasing multiple properties, some lenders may allow you to borrow to a higher overall debt level. You can still qualify for the discount when purchasing a property in multiple names as long as one of the applicant meets the lenders eligibility criteria and owns an equal share in the property.