Search results

I agree that having the lower LVR allows you to at least dance with the Banks. However, when we applied for finance for our workshop, we had an LVR of less than 50% across our assets. Our nett worth from investment assets was over the $1 mill mark at that point. We had more than enough equity...

Unless you are a very high income earner who does not spend freely on doodads to the limit of their stratosphere income (which is usually not the case), and only buy pos - or at best - neutrally geared property....... no. Why? because there is this little thing called DSR that Banks like to...