WARNING: Exposing The Real Cost…

2nd
2008

This post was written by Nick Lockhart @ mrd
Posted Under: From the desk @ mrd

As Investors, Bombarded With Opinions And Talk Of Interest Rates, Housing Affordability, Petrol Prices And The Cost Of Living… We Need Some Straight Talk To Understand Real Costs When It Comes To Investing!!!

You would think that anyone who has masses of equity (in their own home and/or an existing investment property) and plenty of income should immediately qualify for a fully documented loan with any of the major bank lenders. The reality is, however, that even they will have to “jump through a series of hoops”. One such example is being able to show the last two years taxable income.

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