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Robbie Venter

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    Robbie Venter replied to the topic Need help – which structure should pay my income in the forum Finance 7 years, 10 months ago

    Hi Richard

    Thanks for your comments. Yes understand rental income is considered, however I have been told banks calculate loan repayments at a higher percentage and reduce income by 20%. I will send you an email with more info as I see you are a mortgage broker, maybe you can help.

    Thanks again.

    Robbie

  • Profile picture of Robbie Venter

    Robbie Venter started the topic Need help – which structure should pay my income in the forum Finance 7 years, 10 months ago

    Hi All,

    I have been developing my portfolio over the last seven years and have now reached the point where I have enough passive income to stop working.

    Here is my challenge:

    I have been using the income from my job to get loans. Given that the banks don’t really regard rental income as a legit form of income, how can I use the income I am…[Read more]

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    Robbie Venter became a registered member 7 years, 10 months ago

Robbie Venter

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