All Topics / Help Needed! / Loan for 33SQM Studio

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  • Profile photo of David AndersonDavid Anderson
    Member
    @david-anderson
    Join Date: 2009
    Post Count: 17
    October 21, 2009 - 8:23 am

    Heya,

    Have one property that is 95% LVR and cash flow positive, want to get another place but what is the max LVR on 33sqm services apartment?

    Dave.

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    October 23, 2009 - 3:33 am

    Morning Dave

    Went i left Oz a day or so ago it was circa 70% on something that small.

    In the UK that sort of property is pretty common and not that difficult to get mortgage insured.

    Richard Taylor | Australia's leading private lender

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