I would like to buy some positive geared investment properties.
After searching the net, I haven't been able to find any site that will give me a rundown of mortgage lenders that display the percentage of rental income they will take into account when borrowing for investment property.
When I first ventured into real estate the banks would take 80% of rental income when assessing your loan repayments.
I understand this has changed and is more variable.
Does anybody have a list of various institutions and the percentages they will consider, or prehaps direct me to a site that can be helpful?
Do lenders take a real estate agents written rental advise into account when assessing your viability for a loan?