Broadening banking horizons?

Our Experts Answer:

You will generally find that banks always want to take a personal guarantee. If you structure yourself correctly and act with a reasonable level of prudence you should not have too many issues. I would just check that your rentals are in no way hooked back into your paid off owner-occupied property. It is hard for me to say without knowing more actual numbers but based off what you have said with the LVRs on the individual rental properties, they should be able to stand alone without requiring cross security into your own home. Feel free to contact me directly to go through your situation in more depth.