So I went to Westpac (one of my other banks) and
said, “Can I borrow $125k against this property? I want to add another
rental property to my portfolio.”
They said, “Sure thing”.
I’ll show you how this looks in my real bank
accounts in a sec.
But first, let’s answer the question that’s
probably running through your head: “Can I buy a house with $0 cash, too?”
Can
you buy a house with $0 cash, too?
If you want to use the No Cash Needed method,
you need something you can borrow money against.
That’s usually a property.
(Not always, but most of the time).
Then, you’ve got to find a useable equity
calculator to see how much you can borrow against the property.
So far, 10,964 people have used this one on the
Opes Partners website. You might like to use it too:
