SJ replied to the topic Saving for a Deposit in the forum Help Needed! 9 years, 10 months ago
Hi Liana,
Whats stopping you from saving a deposit if you don’t mind me asking?
Cheers SJ
SJ replied to the topic 30 properties before 25, finance??? in the forum Finance 9 years, 10 months ago
Hi Ossi89,
How’s the portfolio coming along?
SJ replied to the topic Financing Basics in the forum Finance 9 years, 10 months ago
In addition to the above “generally” if you are putting down a 20% deposit the bank won’t do an evaluation especially the main banks. Its more if your using Lenders Mortgage Insurance they will more likely do one.
To save their butts if they do evaluate, the evaluation will generally come back 5 – 8% below market value.
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SJ‘s profile was updated 9 years, 10 months ago
SJ became a registered member 10 years, 2 months ago