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  1. Lil Skater

    Would a banks loan me money for my first IP?

    Yes, but mother, i may have to start as a PM......:p
  2. Lil Skater

    Would a banks loan me money for my first IP?

    Well PM's for me would come in at a later stage too. The only problem with managing a property on your own is if any problems arrose with the tenant. Sure you can sort it yourself, but i agree, i would rather not give myself such a headache, but then again i want to be a real estate agent..:(
  3. Lil Skater

    Would a banks loan me money for my first IP?

    Make sure you talk to a good mortgage broker, some good one's on here so have a search, they won't give you 100% advice just in case, but they can lead you in the right direction. When looking at a loan the banks will also take into account not just your salary but, rental income, expenses...
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