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    Calculating changes to your borrowing power

    thanks again for your responses. Say for example my max borrowing power is 450k and I purchased a property that is now worth say 550k and it is positive cash flow about 70 per week. Would I be able to borrow the same amount again? I assuming it will fall due to the 80% of rent only being...
  2. B

    Calculating changes to your borrowing power

    Thanks a lot for your responses and redom for the thread. Another quick question can you still hit a serviceability wall if you constantly buy positive geared properties?
  3. B

    Calculating changes to your borrowing power

    just wanted to know how is overtime assessed? I assume each bank is different on how they asses overtime?
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