“If you got a 95% loan on 1.5 mil, it would be a $1.425 million loan… you would need, like, $220,000 a year for the bank to give you the loan.”

Pat Noll · Equity Mates Investing Podcast · Ask An Adviser: Where property is heading, debt recycling and the future of rentvesting with Pat Noll

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What was described

illustrated the income needed for a 95% loan on a $1.5 million property

$1.5 M price → $1.425 M loan; requires $220,000 annual income

Said nearby on the same subject

“For a perpetual portfolio, you need $3 million of investment assets in today's dollars... I've assumed a real return of 4.15% (3.5% income and 4% capital growth)”
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Stuart Weems
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Hard number $3 million (today’s dollars) for a perpetual portfolio Share this moment
“I just got an unconditional approval for a loan and signed loan docs on Saturday. It's a $6.5 million loan and it was split into two portions, one at 6.14% interest only investment and one at 6.34%. So we guarantee our rates at 6.1%.”
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Jack Henderson
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Why it worked $6.5 million; 6.14%; 6.34% Share this moment
“We've done $28 million in loans… typically like $5,000 to $250,000… partnership with a large loan company… they've done $8 billion in loans.”
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Dan Fleischman
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How they work $28 M loan volume; $5k-$250k loan size; partner $8 B total loans Share this moment
“If my property has come down 10%, the one and a half million dollar property I want to buy has come down 10%, then financially I'm actually ahead”
AJ
Adam Joski
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast ·
Why it worked property values down about 10% Share this moment

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