property investrs are not coming to the rescue, page-8

  1. UniversalTrader
    19,761 Posts.
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    07/07/10
    16:19
    Post #: 6879056
    Mate if you honestly think you can negatively gear a $1m loan on income from only a $65000 wage + rent you are deluded. At least use a realistic example if you are going to use one as there is NO WAY someone earning only $65000 is going to qualify for a $1m loan in the first place.
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