Search results

Got to remember too that the bank may have a more accurate picture than Dazz in that the bank may also be dealing/banking with some of his tenants! If so they might have a better idea of the risks, on those properties/tenants anyway. Probably unlikely that this is the primary cause of their...

Have them pay the cashflow (while you quit your job) for a smallish stake. They would obviously have to be more tolerant of risk than those bankers though ;)

What happens if you tell them that you disagree with their conclusions, that you see almost no additional risk in them capitalising interest on your loan and hence they won't be getting more cash from you? Then you could quit your work - I'm sure you could find something to live off (or work 1...

All Dazz has said is he wants to release a small amount of security (relative to the total) without reducing the loan (ie. up the LVR). Obviously they have their own ideas on acceptable risk but it isn't like they have prevented him doing business with other lenders on previous or future deals...