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From: Mojo Jojo
Just wondering if anyone could make my following situation any clearer.
I'm looking at buying a property off the plan and are having a bit of a problem with the banks regarding serviceability. I don't want to miss out on this property so I am prepared to rent it out for a period while living with my parents. This would enable me to get the loan.
Would there be any problems, with the bank, if I were to change my mind in the meantime and move in myself after settlement.
Just wondering if anyone could make my following situation any clearer.
I'm looking at buying a property off the plan and are having a bit of a problem with the banks regarding serviceability. I don't want to miss out on this property so I am prepared to rent it out for a period while living with my parents. This would enable me to get the loan.
Would there be any problems, with the bank, if I were to change my mind in the meantime and move in myself after settlement.
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