Rob,

Is the ACT the only state that has these regulations? I’m not really sure what that means for me in regard to getting a loan. What if i want to buy an IP in another state – especially as there is nothing worthy of consideration here in Canberra?

Lee

Thanks Robert – great advice. Although not a Doctor i am a health professional – so pursuing a Low Doc loan based on my career and potential income is worthy of consideration.
I live in the ACT – do you have any recommendations as to who i could see?

You’re going to need to look further afield than Sydney. Generally you should try the country areas of the states. Also, because ‘positive’ cash flow properties are more difficult to find you need to broaden your approach to searching. Look out for those that are close to being positive – and could be made so, with a bit of thinking ‘outside…[Read more]