Mate you have crunched the numbers well. I can not see any problems however there is a gamble with regard to capitol gains over the net 3-5 years.

I am a broker from the Parramatta area. I have 5 years experience and over 38 lenders on my panel.I should be able to help you if you are still looking

Hey mate,yes it is very possible as well as common. You can increase your existing loan or cross-collateralise which means you don't have to increase your existing loan and simply borrow more against the investment. Sometimes it is a good opportunity to look around for a better deal or just see what is available in the market.Depending on what t…[Read more]