Borrow Too Much From One Bank And You'll Become A Commercial Customer ... Here's Why You Don't Want That to Happen | Ep. 293

In this episode, we discuss what it means to become a commercial customer to the bank, along with the triggers of when you'll become a commercial customer.  If you have lending for 5 or more properties with one bank – or total investment loans of more than $3 million, then the bank may transfer you so that your lending is held with the commercial division of the bank. That comes with higher interest rates and lower LVRs – both bad things for residential property investors.  We discuss, what these changes mean for property investors, as well as how you can keep yourself out of the commercial side of the bank.  We finish off the episode by discussing our property investment email course, which teaches you our top 9 lessons on property investment.