Search results

  1. JumpinJack

    Borrowing capacity for low-ish income?

    What sort of financials? I don't think I have any... just a few years tax returns.
  2. JumpinJack

    Borrowing capacity for low-ish income?

    Okay gotcha. My depreciation is negligible. So income is too low then to borrow more, amiright? Steal it? Seriously considering this.
  3. JumpinJack

    Borrowing capacity for low-ish income?

    Its my PPOR, don't think depreciation applies? What is P & L ? Profit and Loss? Panties and Leather? Give me a clue.
  4. JumpinJack

    Borrowing capacity for low-ish income?

    Just wondering if I am able to borrow anymore as my mortgage broker says I am already over-borrowed. Self emplyoed with last year's income 38k, and previous year 34k. Current loan on PPOR 205k. Can I realistically borrow anymore? eg. with a Line of Credit.
Back
Top