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Vic Wasteland Thread


R31Nismoid

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anyone want a pioneer 10" sub in box? 6 pack of beer, gonna throw it out otherwise

actually, think its 12"

Where you located

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question for the banking ppl.

couple i know, combined income 150ish

he been at job for less than a year bounced jobs a bit b4 hat

she (the lower earner) steady job maybe 8 years.

living in flat that they paying off, 400ish value 250 left

they been pre approved a 800K loan for another house and going to lease out flat.

is that sort of borrowing to equity normal?

seems significant debt for income?

or am i just not willing to extend too far?

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3038

Jeeze that's ages away. I might pick up this weekend on the way to edge motorworks. Is it functional and what's your brew?

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I think could be wrong but bank will look at it as a 650k loan cos $150k equity in the apartment and then the rent will add their "income"

Sounds like a big loan for only $150k combined income IMO

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So from realestate.com.au that area seems to be 300ish per week for a apartment of similar size.

so 150 equity, but still near on 1Mill debt?

i was stunned they would get approval.

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