The voice of reason, lol.
I would have thought lenders will still check serviceability under responsible lending laws?
He had a good innings and seemed like a decent human, we need more politicians of his ilk, RIP.
I get the sentiment of this comment, I would suggest that you start with a broker from the get-go though for various reasons.
Yea sure thing, cheers.
Excellent outcomes and thanks for sharing.
The issue you may face will be accessing equity due to serviceability constraints implements by the...
@Karma welcome to the land of PC :)
Have never heard a bad thing about Connective, just my 2 cents so do your own DD as it seems you are.
Mentoring comes in many different formats...
PM'd ya :)
Would be a combination of rental income, tax deductions and depreciation and likely living below means.
For those who are prepared (can still service debt) and know what they are doing then its a massive opportunity ahead in the years to come.
Gone are the days when someone on a moderate income of 100k can build a decent portfolio (more than 3 properties) so the regulators have got this...
Would be closer to 105% when you account for costs.
Maybe they are banking on capital gains as well?
You can get "high" interest accounts without a term attached. I used an ING online one years back when I had a property windfall and no other debt...
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