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Reply: 3.1.1 From: Simon and Julie M We live and learn! I came away from the Com bank today with this formula for serviceability on investment loans Monthly loan repayment + (2%(because one of our loans is a LOC)) MINUS 70% of monthly Rental income divided by Gross monthly joint personal...

Reply: 3.1 From: Simon and Julie M Thanks for the input everyone this forum is the next best thing to finding a bargain property. I sat down and did some figures today and worked out that in our case the Com bank( I think)have been using a formula of 80% of our total income(rent + personal)...

From: Simon and Julie M Hi Everyone We have 7 rental properties in the ACT which we have accumulated over the past five years. We had enough Equity and income to take us this far and would like to keep accumulating cash flow positive properties forever. The problem we are facing is the bank...