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As long as you have good income and equity in your home or cash on hand, ie you can lend, then ANY bank in NZ would like to talk to you to give you a loan.

Also these days if an application got...

Just wait for another buyer or ask the buyer to do a building inspection report to proof the bank wrong.

The benefit of auctions in a hot market:
1) people bidding over each other, the more emotional the better!
2) unconditional offers at auction
3) market sets the price
4) real estate agents now...

There's way more to come ;-)

It would be difficult distinguish which asian is overseas and which live in NZ though.

I have access to both RPNZ and Auckland Council system, and the owner address from RPNZ is often not correct.

Although my access is different to that of an agent so i dont know if there's...

From experience, that rarely happens.

Auckland Council or Council controlled organisation employees would have access to the rates information (such as owner name, and their billing address) via their internal GIS viewer.

Who cares lol.

sometimes if you are just after a moderate top up, ie you dont need a top dollar RV, just get the bank to do a quick online QV.

The interest on the 20% deposit won't be claimable I believe, not until you top up and give yourself back that 20%.

You mean cross-collateral? you can try ask 1st bank to not cross-collateralise the 3rd rental, but they may not lend you then.

Easier just to buy with another bank.

the 80% is secured against...

Sometimes the truth needs to be bent, so that it attracts more eyeballs.

Social media 101.

- Agree.

I would:
1) raise RC from first two properties to fund the 20% deposit ( you probably can get like 84.9% finance with BNZ with no low equity premiums).
2) go to another bank to buy the 3rd...

I stopped reading when the author said he still rents and has no property.

Your accountant is trying to get the best value for you, as his/her customer/client.

If you don't want your accountant to get more bang for your buck, feel free to tell him/her to be more...

No it is not advisable to use RC on investment property for personal transactions.

Your accountant will "love" you, and "happily" charge you LOTS of extra fees for the extra work you put them...

1）Buy and hold -> investing/long term wealth and passive income
buy and trade -> business/cashflow

Which one is for you? depends on your personal circumstances. I suggest you put buy and hold as...

Tell your banker to read Rich Dad Poor Dad.

Yeah, I just don't understand how a suburb that is right next to the CBD was a slump??!!!

Into their cousin's place next door??

The question I would be asking is, what is the % of home buyers vs investors in that area.

If an investor buys from an investor, these bad tenants will...

Gift basket or flowers.

I'm fortunate/unfortunate that I never needed/given 90% finance to buy, but yeah I would suggest keep at 90% LVR after the first refinance, and use the extra money to keep buying.

After sometime,...

Maybe try BNZ or ANZ? they are usually the easier banks to lend from.

Also yeah, 95% only happens once, and after that 90% for 2nd and 3rd properties etc...