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I’m currently working in Citi as an AVP in Mumbai for the past 9 months.. due to personal reasons I wanted to move back to Pune (I have worked in Pune for last 8 years before coming to Citi) so I landed up with an offer from HSBC into Wholesale IT (GCB5).
My current Fixed CTC in Citi is 26.5 excluding PF and Retrials and HSBC IT has offered me 30.5 for the same and said they cannot increase further as am moving jobs in after 9 months which is too early..
Questions -
Have I been low balled?
when Work >>> Life 😅

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Subject Expert
How long have you had the long term rental? If you have tax returns that show you’re covering the expenses, that should help you.
Subject Expert
Having a signed lease will help, especially if it’s a longer lease (18 months or 2 years)
I would wait. It would be very difficult with less than 20 right now unless you have a private lender or friend or something but even then still will be challenging. I’d even wait until you gain more equity to do a cash out refi IF it makes sense at that time.
Not an expert on financing, but in my experience whether you can get financing for rentals depends on your income and other factors (i.e. cash reserves). It's been a few years, but for me if I had a lease on the rental, they counted the income (they may discount for vacancy periods, etc). You prob should just talk to a few mortgage brokers.
Mentor
Can you house hack? Rent your current primary, buy the 3rd with a conventional loan at 5 - 15%, move into the 3rd property for a year. After the 1st year then you could move back into your primary and rent the third property completely.
The rates are so high now, why would you want to be a THIRD property with less than 20% down?
Maybe they can work out a deal where the third property can still generate cashflow via rent? 🤷♂️
Don’t do it. Based on posts in other threads here you will be considered a rich old capitalist pig boomer for wanting to own a rental. You will be the reason for all the country’s problems including high real estate prices.