Hi guys,
If you become a guarantor for a student loan of around $15,000, how or will this dramatically affect my ability to borrow for my first IP?
I already have a PPOR mortgage and plan to buy my first IP mid 2010, just wondering what the bank's decision will be when I asked to borrow money for an IP through my equity and then borrowing the rest of 10-20% from the bank to finance the loan.
Any advice?
If you become a guarantor for a student loan of around $15,000, how or will this dramatically affect my ability to borrow for my first IP?
I already have a PPOR mortgage and plan to buy my first IP mid 2010, just wondering what the bank's decision will be when I asked to borrow money for an IP through my equity and then borrowing the rest of 10-20% from the bank to finance the loan.
Any advice?