C
coochie
Guest
Hi, looking for some advice, currently have owe 175K on a tracker, apartment in approx 30k negative equity, we have 45K in savings, no other loans, have been given the opportunity to buy a house from a relative for 150K, however if we sell apartment between EA fees, sol fees, management fees and neg equity it could be all our savings gone. My question is do you think a bank would lend us 100K and we could rent the apartment out, my salary is 35K partner is self employed, he had no work most of last year so had to seek JB but he has now signed off and now has the capacity to earn 40K