StevenParticipant@steven1982Join Date: 2017Post Count: 174
Hopefully not a silly question…
What if an Australian investor invests very successfully overseas (for example in UK), and the investor gets very good positive cash flow, then turns his/her attention to Australia.
It is possible to get loan in Australia by using the cash flow from overseas investing?
Say, if someone invests in UK property successfully and gets 200K positive income even after tax per year (that’s almost 16K per month)…. in this case, would the Australian lenders say “nope, that’s not Australian local income, therefore no loan for you”?
Would they say “nope, that’s not a payslip via a job, so no loan for you”?TerrywParticipant@terrywJoin Date: 2001Post Count: 16,173
You must be logged in to reply to this topic.