Hi All, An opportunity has arose where I am looking at buying a new investment property in Sydney. -Currently all existing debt is investment/tax deductible/interest only repayments -Nil non deductible debt besides $20k limit CC which is paid in full each month. never have I incurred any interest -Looking to take out a new loan which will be also be investment/tax deductible/interest only repayments I understand the big banks are now assessing new/existing on P&I repayments etc. However due to my limited cash flow I need assessment done on IO. Supporting Info: - all existing loans are standalone, with nothing crossed - all existing loans LVR range from 65-75%, all within NLM, nothing unsecured - proposed loan will be standalone against purchase, LVR will be 60% or less (depending on how much I can borrow) - As I am borrowing relatively low, I will be funding the rest through cash - if proposed loan approved, total exposure is around $2.8m secured against $4.2m (approx) Cheers!