Search results

HI Jamie If I have three rentals and the rental income - expenses evens out do the banks take it as no liability? in that case anyone can take hundreds of loans if they buy deals with cashflow equals expenses.

Hi Syed you said borrowing power. how do the bank decide my borrowing power? it is based on LVR on existing properties or my salary? without valuation how can we decide on how much we can borrow?

Hi Afarin what you mean by strategy? do you mean choosing lenders as strategy? or renos?

hi syed 2 with cba and one with suncorp. can you suggest which banks do valuations upfront without damaging credit rating?

i buyed them 6 months ago and they are a bargain for the market price. i am sure they will be valued more than what i paid for. i did small renos too.

hi recently i have acquired 3 properties and almost now have to pay 500ish land tax in vic. 2 properties are +ve cashflow with min 80% LVR or even more since its been month since i buyed them. could you guys guide me how i can draw equity from existing properties and buy more...