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I'm tired of waiting and I'm wanting to buy the first IP. Nothing fancy, probably something around the $250,000 mark.
Problem is, I don't have any proof of income or a substantial deposit.
Could i get a Lo-doc loan at 100%. or maybe 95-90%? What are my options, without taking that ugly vendor finance route?
The other option would be getting my partner to purchase, but she is from france and is not a permament resident yet, so i assume she can't get finance…
Unfortunately you would not get 100% lodoc however subject to being self employed and GST registered (if required) would get 90% LVR.
Richard Taylor | Australia's leading private lender
Viewing 2 posts - 1 through 2 (of 2 total)
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