Thanks Richard

Can an existing property which I own outright be used as equity to purchase another property?

Hi Richard

40% down or 60LVR seems the norm in my situation from what I have read in the last half hour

Looks like thats what I will have to do.

Are the banks here open to pulling equity out of investment properties?
Reason I ask is in a couple of years when I have earnings and tax returns here I would like to take what I property down to a…[Read more]