Just refinanced a portion of our loan recently, and whilst in the bank we discussed our plans for 2015/16. Another purchase will see us at 5 properties. We currently have our own home + 3 rentals. He said that they wouldn't be able to help us with another property as 4 is their max, and any further lending would have to be through another bank.
Is this the case across the board, and if so, what approach did you use in going to bank number 2?
Cheers.
Is this the case across the board, and if so, what approach did you use in going to bank number 2?
Cheers.
Comment