I have $300,000 in equity in my own home. How much can I afford to borrow to buy more property? :: FAQs :: PIAA :: The Property Investors Association of Australia Inc.

I have $300,000 in equity in my own home. How much can I afford to borrow to buy more property?

It's not just a case of how much property you have to borrow against. It's just as important to consider your ability to service the loan. I have known people who own several million dollars worth of prime rural land, but because their income is limited, they are not capable of borrowing very much at all. No matter what the value of your properties, when it comes to borrowing money, we are generally limited by cash flow.