All Topics / Finance / How Hard Is It To Get Finance, With No Job??

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  • Profile photo of argie78argie78
    Participant
    @argie78
    Join Date: 2006
    Post Count: 18

    Hi there!

    A few months back I quit my job. I’m currently looking for another job but my question is how hard would it be to get finance for my first property investment?

    Cheers!

    Learn How To Setup Multiple Streams Of Income With This FREE DVD. It Looks At Property, Share Renting & Business Strategies.www.MasteryInWealth.com

    Profile photo of kinkso0o0okinkso0o0o
    Member
    @kinkso0o0o
    Join Date: 2004
    Post Count: 61

    Do you have any other source of income?

    Cheers,

    Damon

    In theory, there is no difference between practice and theory, in practice, there is….

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    If you are happy to offer additional security or reduce the LVR to 70% then a Nodoc loan requires no form of income information to be declared.

    Many clients use this form of loan.

    Rates are very competitive these days and in most cases a lot lower than the standard variable rate.

    Cheers

    Richard Taylor
    Residential & Commercial Finance Broker
    100% Finance on selected properties in the USA.
    Email us to be added to our mailing list.
    [email protected]
    Ph: 07-3720 1888

    Richard Taylor | Australia's leading private lender

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