PropertyInvesting.com | CK | Mentions https://www.propertyinvesting.com/members/ck/activity/mentions/ Activity feed mentioning CK. Fri, 03 Apr 2026 23:31:51 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 ac2d7eaaabd9126dd9d6e243ac38caac Benny replied to the topic First time investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4997594-first-time-investor-10/#post-4997618 Fri, 12 Dec 2014 12:36:16 +0000 Hi P@ck,

after computation, i’ve found out that my borrowable or useable equity is 92K.

Current valuation is $502,500 then? 80% of that is $402k, and you owe $310k – difference = $92k. How’d I go? ;)

based from my readings, simple rule of thumb is to multiply the useable equity by 4. Which means my max purchase price for IP must be within $…

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]]> 5bfa058c7e55ec065d4b42f9a2a6721a Richard Taylor replied to the topic First time investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4997594-first-time-investor-10/#post-4997615 Fri, 12 Dec 2014 03:51:26 +0000 Hi again P@ck

Ok thanks for the clarification that makes a big difference.

Well remember that 92k has to cover your deposit and acquisition costs.
Yes keeping the loan to valuation ratio under 80% will remove the payment of LMI however will certainly limit the growth of your portfolio.

When we work with an investor we try and ascertain their…[Read more]

]]> b7a7f8b6ff846518b945dbda5c041bd2 Richard Taylor replied to the topic First time investor in the forum Help Needed! https://www.propertyinvesting.com/topic/4997594-first-time-investor-10/#post-4997596 Thu, 11 Dec 2014 07:15:33 +0000 Hi P@ck

Firstly welcome to the forum and I hope you enjoy your time with us.

Limited information to go on but the main thing is the potential equity. I am unsure whether you are referring to “borrowable equity” or “property equity” as there is a massive difference but let us assume all is well at this stage.

Subject to serviceability there is…[Read more]

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