Hi everyone,
I am actually looking to buy my second investment property as a student accommodation which can be holiday let as well. The reason I chose this is the very high rental yield.
I am now facing a problem of difficulty in financing the mortgage despite that The unit size is over 50 m2.
Does anyone know a lender that would finance that kind of property with a LVR of around 80%? I am using a broker but he still didn't find me a suitable lender yet.
Your help and shared experiences would be highly appreciated.
I am actually looking to buy my second investment property as a student accommodation which can be holiday let as well. The reason I chose this is the very high rental yield.
I am now facing a problem of difficulty in financing the mortgage despite that The unit size is over 50 m2.
Does anyone know a lender that would finance that kind of property with a LVR of around 80%? I am using a broker but he still didn't find me a suitable lender yet.
Your help and shared experiences would be highly appreciated.