Just wondering if work allowances contribute towards serviceability at all? These would be paid on top of the regular salary for a specific role...
I'm currently weighting up whether to close a credit card prior to consulting a broker for a new IP loan. I appreciate that some sources have...
Hi, I currently have 4 investment properties and I would like to continue the trend / property investing but the banks won't lend any more for...
Was reading the many posts on this forum on how to improve loan servicability with banks. Huge amount of interesting and useful material on the...
Hi all, I will be looking for finance in the next few months and I am trying to understand how banks deal with 1) dividends and 2) profit/loss...
Once your serviceability is maxed out in Australia, has anyone had any experiences with a strategy of then trying to secure loans with overseas...
About to apply for a CBA margin loan. I downloaded the form from their website and half completed it. It is not hard and I can do it myself....
Hi all, Based on a number of fantastic posts by the brokers on here, I'm looking to pull together an indicative excel based residential mortgage...
What happens if you want to buy an IP in one name as opposed to jointly (with wife), but you have a servicability issue. That is, you want to buy...
If a person sets up a SMSF, and buys a single property with a loan of ~60-80% LVR (secured against the property): (Rest of the SMSF will be in...
I note that CBA has 2 methods of applying for a margin loan. First, as a retail customer, in which a full servicability check is done. Or...
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I recently got a copy of my credit record. All good, but I noticed some innocuous errors. It listed 4 places of residence when I have only lived...
I recently purchased cashflow positive property in a company name, largely to minimise land tax. I am a director of company and 50% shareholder...
I currently have a credit card with a limit of $38k. The limit has steadily crept up over the years. I rarely have an outstanding balance much...
Hi Team, Looking for some advice please! Recently sold one apartment and have another for auction early March. Plan is to use proceeds to...
Hi all, I am very new to the Property Chat forums but every time I login, I instantly feel at ease because I have already received tremendous...
Hi All, I have a IP which has some equity and want draw on the loan to use on my next purchase. The bank I am with is saying that i cant draw the...
Below is a visual representation of how lending to property investors work today and the key results (note some of this may have been seen in...
Hi fellow PCs, I have a question in relation to serviceability of your loans. Does most people's rent cover most of the loan and expenses? Or is...
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