Servicing is the top issues with most investors in this new lending environment..PRESUMING you have reached your servicing limit with all the...
Same...but some extra ( Compared to individual) cost depending on state etc..
Liberty uses 2 LMI funders, QBE and Genworth + their own "risk fee ( in liu of LMI)...if you dont state which LMI/risk fee your using than they...
CBA's offer is pretty good giving their service and flexible cash out /equity release policy. 1.50% discount for IP ( 1.36-1.45% for Owners...
Personally i would say enough cash for min " 12 month of unemployment ". But it also comes down to what support level you have from family, debt...
How about you MTR?
Im pretty sure there's some great stories to be found in any purchase. ---Highest yield deal in the last 2 years---- Date: September 2013...
If your on interest only. Can take out the equity and service a bit more ( sub ~$600k) from the above, but you will need to start to use smaller...
Westpac policy is No policy ...meaning it's up to the assessor ( it's stupid) They may do no val 30% of the time ..but i find most do ask for it.
If it's for a new purchase, 1. Yes bank will take rental letter from agent....very easy to get 2.i be VERY Carefully before going uncon...make...
Depends if you need the bank to do a val...ie are you taking out equity? If your not touching this security, bank will be ok with a letter from...
Warren Buffett — 'Be Fearful When Others Are Greedy and Greedy When Others Are Fearful'
1. Just buy right...ie there's a deal to be found in ANY market. 2. I did go to over 80 inspections over a 9 weeks period and made offer on 60 of...
Update: Property number 15, just went unconditional today, a House around Parramatta region on 530 sq meters land :) Will post a bit more details...
Didn't read the full thread, but his my personal take and view on the current Sydney market as of Dec 2015. P.s I been out picking up deals for...
^ This is normal..shorter the I/O period the higher the serviceability.
NAB is changing the servicing cal in stages, next one is around 1st quarter of 2016 and this later one will be the true "killer" as it will most...
Dep has no effect. In fact for self employed Dep on business tax returns will be "Added back" as income
Presuming rental income of around 4% and loan on I/O..you still have borrowing capacity with the traditional banks, just not the big 4 or...
Yes and no...it depends on how strong your credit file is to start with + how strong the deal is... Example: if you have liberty on your file and...
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