Short term loans for rental bond

[danniellabella]

Sounds a lot like the one we did. We only wanted to borrow $1000 also but they only let you start off with $500.

Hopefully it is different where you're going though

This mob have loans specifically for the purposes of rental bonds so I don't think for a bond loan they would only give $500, that's not enough for a bond. They expect you to use a vehicle as security though.

[~clover~]

Can you transfer the bond across? I've done it before. You might have to go through the same RE though.

[danniellabella]

Can you transfer the bond across? I've done it before. You might have to go through the same RE though.

Not likely. We are probably going to break the lease a couple of months early. We'll have to pay rent on this house until new tennants are found, also pay advertising costs and wont get our bond back until new tennants move in, or our official lease term is over, which ever is first.

[~clover~]

Oh, bugger that.

[danniellabella]

Might try to get enough to cover the extra cost of 2 rents and stuff if we do break the lease early.