All Topics / The Treasure Chest / 95% or 85% Lend??

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    @troy
    Join Date: 2003
    Post Count: 0
    August 20, 2003 - 2:49 am

    Steve love your book! Have friends and family buying and reading it!
    Q. Looking at 2nd IP in country area. Local lender will lend 95%
    While city banks will allow 85%. Do I change over both IP to local lender at 95% (Which is NAB)Which means less deposit (Then more money to get another property) but more monthly repayments or go with the 85% More deposit less repayments. Just starting out looking for direction. Many thanks Troy
    http://www.averagetowealth.com

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