Hi Everyone, just a quick question, do i still need to show the banks genuine savings if i am drawing equity out of my PPOR for my next IP?
all mine is currently tied up in shares so i wont have the 5 - 10% they are currently asking
quick update:
my place invarsity lakes qld that i bought 3yrs ago at $323,000 is now valued at $420,000
place in Loganlea Qld i bought in May last year for $270,000 is now sitting at 300 - 310,000
everything is going smoothly so far!
Regards,
Brett
all mine is currently tied up in shares so i wont have the 5 - 10% they are currently asking
quick update:
my place invarsity lakes qld that i bought 3yrs ago at $323,000 is now valued at $420,000
place in Loganlea Qld i bought in May last year for $270,000 is now sitting at 300 - 310,000
everything is going smoothly so far!
Regards,
Brett