Reply: 1
From: Duncan M
Hi Kal,
Based on those figures, you could borrow another $555K for property, worked
out thus:
Total Value of Properties = 570K
Total Debt = 345K
Current LVR = 60.5%
Borrowing 111K would take you back up to an LVR of 80%
$111K geared at 80% is $555K
Given that...