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  1. M

    Rental Income - used to calculate one's borrowing potential?

    Thanks for the reply - what if the property I am looking at is already leased out? Will the calculation be 70-80% of what it is currently leased for?
  2. M

    Rental Income - used to calculate one's borrowing potential?

    Hi all, I've tried to search but it returns a blank page :( anyway, I am in the market for an IP and just wondering in calculating how much I can borrow, is rental income (actual or projected) are taken into consideration? Thanks in advance.
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