Many people in Australia use negative gearing to build long-term wealth. It is, however, not without risks, and it is critical to understand how it works before embarking on this journey. In this post, I'll focus on using negative gearing to purchase investment property, however,…
It is easy to overlook important investment property risks in an environment where values have been steadily increasing They may not be immediately apparent, but they do exist and should not be ignored:
Over the past decade, we have seen an increasing number of individuals turning to property investment to create wealth and secure their future. As prices have escalated, more homeowners have looked to use the increased equity to move into property investment.
When you apply for finance to purchase a home or investment property, Lenders will assess your application both on the actual interest rate and importantly, their Home Loan Assessment Rate. It is also applied to both new and most existing borrowings. (An Affordability Margin is…
A key element of Home Loan eligibility that often confuses and frustrates borrowers is the degree to which Lenders now review an applicant’s monthly expenditure. Even experienced borrowers or investors are surprised by the granular detail involved!
Many people wonder why they should use a Mortgage Broker instead of dealing with a Bank direct. Even though there are thousands of Mortgage Brokers across Australia, what they do and the value they provide is not well understood. Whether you're looking to buy a…
It pays to plan ahead to avoid disappointment, delays, and a lot of frustration when applying for a home loan! This is even more so in a housing market where supply is constrained, and prices are accelerating. Even borrowers with an established track record, are…
Many seasoned business owners are perplexed by how difficult it can be to obtain Self-Employed Home Loans. Historically, one of the easiest types of finance to obtain was home finance. However, as many have discovered, this is no longer the case for a variety of…
Until the impact of COVID-19, in our experience, too few borrowers regularly took the time to undertake a full Home Loan Review. With more time on their hands due to the lockdowns and the resulting cashflow pressures on households, this appears to have changed over…
For many years experienced property investors have used finance to take advantage of opportunities and build their wealth. However, over recent years for a host of reasons, property investors have found accessing finance increasingly difficult: