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JV and borrowing capacity

Discussion in 'Property Finance' started by JohnPropChat, 21st Jul, 2016.

  1. JohnPropChat

    JohnPropChat Well-Known Member

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    10th Sep, 2015
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    Perth
    How are the current rules with 2 people each with circa $700k in borrowing capacity to fund a bigger JV? Will the combined borrowing be a mil or higher?
     
  2. Terry_w

    Terry_w Solicitor, Finance Broker, CTA Business Member

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    Sydney
    It could be anything depending on the circumstances.

    but it may be more than the combined borrowing capacity of each - could be more than $1.4mil.
     
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