I thought I had read somewhere that it's not advisable to have all your investment home loans with one lender if you are trying to still build your portfolio.
It seems I may have reached my ceiling according to one broker and I wonder if it would still be the case if the loans were spread across different lenders? I currently have them spread across different lenders but need to refinance due to pretty poor rates >3.65%.
Does anybody know whether it's better to have them across different lenders or is this old information? Should I try and see if another broker can do better or is this bad? (I personally don't feel good about going to another broker since this other broker has just done some leg work for me-however, I'm not sure I'm happy and feel like a 2nd opinion could be warranted - has anybody done this before?)
I know I could increase my servicing by increasing my income, but at this point, it's not possible to do this unless I get another job.. Or is this possible to do with debt recycling or some other strategy?
hei man my English a bit bad . so I not really understand . but for me since I listen minimalist podcast and my personality is same like them about debt.
the minimalist said "there is no such thing as a good debt" . and I don't like to have debt either.
and you need priorities your self first I think , don't hope on 1 place because got some leg work. I absolutely appreciate the leg work but I think you should try check other bank. I would feel the same to find other bank because he already help me.
the choice is your this is only second opinion. and you responsible for it
PS: I am not financial or anything like that.