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Didn't have any issues in midst of GFC to get a land + construction loan worth $600K in 2008. Have borrowed for other properties mostly when interest rates were around 7.5% again post GFC. With my current LVR much lower than before and interest rates around 5.6% if anything I believe my...

Haven't bought a property since early 2010. But did get a pre-approval later in 2010 for upgrading PPOR which we decided to delay and instead I used the funds to invest in share portfolio. Have a 7 figure margin loan approved few months back which I have used up more than 60%. Whenever I...

Agree. That is why it's important make hay while the Sun shines. Cheers, Oracle.

Not sure about that Sash.If anything contracting as helped me build a large portfolio. Ofcourse, the definition of a large portfolio is subjective. But let's just say I have got a few million in loans and my broker reckons there is no reason why I can't continue. I show genuine savings of...

I am into software development (Java). I use a mortgage broker. Initially properties were bought with 95% + LMI capitalised. Last two purchases were 90%+LMI capitalised. Next few most likely early next year will be 85%+LMI capitalised. I think you might not be able to buy during the first...

If you get a good opportunity with more money than YES definitely! Also, I have been an IT contractor since 2005. Moved jobs regularly whenever I get a good offer. Have a few million in loans and never had an issue getting a loan because I am a contractor. Contracting is the best thing...