Finance Brick Wall

[foxyleemoo]

Hi Guys,

I am looking to buy investment property no.4 and it seems I may have hit the financial brick wall. I am struggling to find a bank that will lend 90-95%(100%+ would be nice) LVR and Include 80% rent and negative gearing benefits. In house LMI may be an advantage too.
I need a bank that shares my vision! I know I can afford this place!
A few other questions, does any one know if banks include depreciation when calculating serviceability?
Any suggestions welcome.

Cheers

Dave

 

[Perp]

Do you have a mortgage broker?

 

[Rolf Latham]

Hi Dave

Hmmmmmmmmm

On the LVR, there are several lenders that still do 90 or above.

on the servicing side, as u know diff lenders do diff things.

The challenge with ur question is that its a bit broad to provide any useful, specific advice on such general info

Numbers would be very helpful for the folds to be able to help


ta
rolf