Search found 3 matches
- Mon Sep 16, 2019 8:22 pm
- Forum: Home Loan Forum
- Topic: Can I buy a second place and rent out my first property without providing deposit?
- Replies: 5
- Views: 66987
Re: Can I buy a second place and rent out my first property without providing deposit?
Could you please explain what is negative gearing?
- Mon Sep 16, 2019 8:03 pm
- Forum: Home Loan Forum
- Topic: Can I buy a second place and rent out my first property without providing deposit?
- Replies: 5
- Views: 66987
Re: Can I buy a second place and rent out my first property without providing deposit?
How much of the rental income will lenders consider to work out how much I can borrow?
- Mon Sep 16, 2019 7:32 pm
- Forum: Home Loan Forum
- Topic: Can I buy a second place and rent out my first property without providing deposit?
- Replies: 5
- Views: 66987
Can I buy a second place and rent out my first property without providing deposit?
Hi, I want to buy a second place and rent out my first property, without having to provide a deposit. I'm looking to purchase a property around $500K and my current apartment is valued at $300K. I am six years into my existing loan. I want to buy a second place and rent out my first property, without having to provide a deposit. How do I go about doing this?