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So If I showed the BAS that had zero income would I get laughed at? I have no issue showing the BAS as I'm not telling fibs as mum would say. 1) At what stage would the bank allow the actual income of the property I'm trying to purchase to be taken into account. 2) How does the trust earn...

Spot on BD, I wont make the cut for a Full doc and the real lo-doc is gone now. I'm looking at utilising the trust to purchase. The trust is GST registered atleast 2 years and will have the 20% deposit + closing costs in its accounts. I was of the thought that as long as the income from...

So even as a Trust entity you need to have BAS? I didn't think you needed that as long as the trust can show cashflow to cover the loan? ie the rental from the purchased property? Thanks for your advice ooppps I mean input Richard :)

With the Banks adding all these new requirements to lo-docs making them a poor mans full doc? I can't meet there requirements any more. Never fear I have another idea? I'm looking other ways to source funding. I have something in my head that I'd like other people to view and say yay or nay...