All Topics / Help Needed! / Will having an overseas mortgage make it harder to obtain loan in Australia

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  • Profile photo of rpwallacerpwallace
    Member
    @rpwallace
    Join Date: 2013
    Post Count: 3
    February 11, 2013 - 1:45 pm

    Hi,

    I am living in Japan at the moment and am considering getting a loan and buying an investment property here. The property will be cash flow positive with rental income exceeding mortgage payments

    My question is, will this make it harder for me to get a mortgage when I return to live in Australia? Ie will they say I have too much debt without really considering the overseas property as an asset or the income from it?

    Regards, Rick.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    February 12, 2013 - 3:01 am

    some guy with the same name asked exactly the same question here

    https://www.propertyinvesting.com/forums/help-needed/4347359

    maybe you two should catch up?

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 2 posts - 1 through 2 (of 2 total)

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