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Hmmm, IP4 may be closer than previously thought !

I live in a rather unique residential complex (used to be a lunatic asylum, everyone tells me that's very appropriate ). I've told the agent that manages the lions share of rentals in the place that they can manage mine when they find me a rental to live in, in the same complex. The ball is...

To paraphrase my broker "Now if you were renting this place (PPOR) out I could get you heaps of money" I will be doing exactly that very soon

Once you rent out your PPOR, provided you can rent cheaply yourself (ie cheaper than the rent you receive) then your servicibility should improve. Note that , in general, banks will only consider roughly 80% of rental income when making their calcs. Simply telling the banks that you intend...

check this thread out for a useful borrowing calculator, might help you figure out if/what you can afford>>> http://www.somersoft.com/forums/showthread.php?t=62732