Property represents a tangible and reliable investment and when there are favorable interest rates it’s relatively cost effective to manage as well.
There is still plenty to think about. Are you looking to buy-to-sell or buy-to-hold? Some properties provide opportunities to buy, do-up and make a short – term capital gain, while others are more attractive for a long – term hold. Deciding on the right investment strategy plays a big part on the properties you invest in.
Where you want to buy and who you borrow from may dictate the size of the deposit you need. For most, the minimum deposit is 35% of the value of the property. The deposit can either come as cash or using equity in your current home. Equity is the difference between the market value of your current property and the loan on the property.
The right mix and formulating the right investment strategy will help achieve a good outcome.
We can help you leverage your equity and put that profit to work for you with an ongoing passive income stream.