Hi All, I believe lenders assess gross income the same for full time and part time employment (unlike casual). However, do lenders ever use an...
With fast drops in house prices, key regulators are now beginning to worry about the state of the housing market and the potential impact on the...
As of January 1st 2019, all regulated lenders will need to adopt a common approach to the method of assessing credit card commitments for loan...
If we wanted to borrow for another IP, while I'm not employed (will be self employed), would we be able to borrow say $1.5m? We have other...
The newest thing to grab the regulators attention is credit cards. Well it's not actually new, but it's starting to look like it's actually...
Hi all, Long time reader, first time poster! Background: me and my fiance are 28 and are looking to stop renting and make the plunge in the next...
Hi All, here is our current situation/numbers. my salary 120k base, partners 88k base, side ABN business by partner 30k a year. this coming...
Hi all, Newbie but loving all the information on PC. We recently purchased a 2 bedroom OTP apartment as an IP (Probably wasn't the best move...
I have some confusions around loan liability and hoping experienced members here be able to help me clarify my doubts. I went to see broker to...
hi all, Question around borrowing power. How does banks measure or estimate living expenses? Is it based on your actual spending or do they have...
Hi there, I'm currently researching the details for my first demolition/subdivision construction project. I'm trying to figure out what would...
Hi all, New member to Property Chat! Loving it so far. I was just wondering if there was a way to work out my TOTAL maximum borrowing capacity? I...
Hello I was hoping to get some assistance in relation to the best way to structure a residential property portfolio with a jv partner. We will be...
Hi just wondering whether borrowing capacity is affected by permanent part time work? Say for example.. if I am employed full time at 38hrs a...
A Serious Question (although it sounds stupid).. Would the bank (or financial institution) lend you 100% of the money to develop a block of land...
Hi All, As above, curious how banks assess them when working out borrowing capacity? Are the dividends considered to be a consistent income per...
Hey all, Just thought I'll throw the question out there to see what people are currently doing and what you would do in our situation. I'm sure...
Hi everyone, my parents are looking at various investment options, including considering buying a piece of land, do a subdivision and then build...
Does anyone know of any banks that still lend based on proposed titles? Clients have WAPC approval & council approval, but require the progress...
Hi everyone, I am seeking guidance and moreso general comments for the finance part of a yield strategy. The aim is to buy multiple properties...
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