Borrowing capacity

Cant agree with that as vals are hit and miss depending on the individual valuer and banks use a panel of valuers that would overlap with other banks panels. CBA desktop vals can be favourable in some instances.

Did he do full vals (valuer actually goes to property) or desktop vals where the broker generates it via CBA val site?

 

No, not unless your going to just keep buying cash flow cheapies, even with other lenders your gonna need 10% approx to stay nuetral.

 

He did both vals , the desktop actually came back 18k higher but because we are taking the loans to 90% the bank wants to go with the on site val.

 

No just the next two to get my borrowing capacity up as I have 3 , a block of land with at 4.48% yield and two other in syndney west both at 6% and 4.49% respectively .my broker says my borrowing capacity is $145k

 

Yea thats correct.

I reckon your borrowing capacity is greater than you have been advised.

 

That be said I personally tried to get a top up from cba to buy another property and put some buffers in place and I didn't pass servicing .
That's why I'm seeing a broker , he actually thinks the bank is wrong but he was the one that alerted me of my borrowing capacity .
Might have to get a second opinion anyone recommend a broker in Sydney that is experience with each step of growing a large portfolio .
I'm sick of dealing with the banks .

 

I do not think going for higher yield will work.

Re brokers, a bunch of them have been helping you and posting in your threads.

 

Ok anyone in Sydney I could possibly see to have look over my situation ??

 

There's a few forum brokers in Sydney - Redom and I know Rolf and I think Jamie goes there regularly. Otherwise the rest of us can work with you over Skype/email/phone.