Getting a second bond with a second property

[TheGuy]

Hi Guys

I was wondering if anyone here has a 2nd bond with a 2nd property and how difficult is it to get one?

Also how long did you have your first property before applying for the second one?

 

[noxibox]

It wasn't a problem. They look at whether you can afford an additional loan.

 

[TheGuy]

It wasn't a problem. They look at whether you can afford an additional loan.

Cool I should be able to.

Do you get a bad credit rating if they don't approve it?

 

[ABCpt]

Cool I should be able to.

Do you get a bad credit rating if they don't approve it?

No, you'll only get a bad rating if you don't pay for an existing loan.