Thanks Richard. When I said he's maxed out, it's not his  borrowing. He's a doctor with $400K/year earnings. He has another 4 properties, all borrowing at a higher %. He said CBA won't do it anymore at 90% because his total borrowing is above $1.5M with them. But if it's 80%, they're happy to do it. Same with NAB. He can keep buying, but only at 80%. The bank said something about the mortgage insurance won't do it as he is highly geared even though he can afford it. If it's 2 bedder, they're happy to lend him over 80%. They won't do it for 1 bedder less than 38sqm.

So I'm just wondering if there are any other lenders apart from CBA and NAB that would do 1 bedder < 38sqm and the loan is over 80%.
Thanks again