In this episode, we answer a live listener question on the podcast. Here, we discuss whether you're able to borrow from the bank to subdivide your property.
The answer is yes, most of the time ... but not all of the time. Some investors get caught out when managing their LVR position. Because once you subdivide your property, the original property isn't worth as much. So even if you have more equity, you might not meet the minimum equity requirements.
We also mention that you can leave us a voice message yourself here <----- by clicking the link here <----- We'll select a few of the most interesting messages and answer them live on the show.
The Property Academy Podcast