Help. I already have 4 properties in NSW ( bad luck ). 3 are positive and one requires reno/ repair prior to renting. I have tried getting finance from all major lenders including refinancing the loan I already have with no luck. I have tried several small finance companies and a few brokers but still the same answer. They all agree that I am over committed yet all the properties are stand alone positive this includes the reno/repair as I own it outright. My personel income not including the property rents is small and I can only borrow as a no docs client. Should I hand in the towell or is there some hope for me. PS Im only trying to borrow 10,000 tops. Any advise will be greatly appreciated.
Thanks
Glauco and Brineen[glum2]Hi Glauco
Never say never in lending and there is always hope.
Would need to know some figures before making a recommendation though.
Richard Taylor
Residential & Commercial Finance Broker
**NODOC loans from 7.14%**
Licensed Financial Planner
http://www.yourstatefinance.com
[email protected]
Ph: 07-3720 1888Richard Taylor | Australia's leading private lender
If you own a property outright, there is hope!
Terryw
Discover Home Loans
Parramatta
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I’m thinking after reading this you need a new lender desperately!
Then again perhaps not. Maybe it just needs to be presented properly.
either way there are a heap of people who can assist you.
Stuart Milne
Non-Conforming Specialist
READY Mortgages
http://www.readymortgages.com.au
[email protected]
Mob: 0404 056 055
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