How To Borrow More Money Using Other Income Sources 点击这里阅读中文翻译 Whether you’re planning to buy your first home or investment property, or just want to upgrade to a larger dwelling, when you need to maximise your borrowing capacity it's important to consider all your income sources. Banks and other lenders assess your supplementary income streams quite differently to your base salary. And each bank ...
Review And Restructure Your Loan(s) for Long Term Investment Success
The Danger of 'Set and Forget' Approach to Your Loan(s)! Many property owners and especially homeowners take a ‘set-and-forget’ approach to their mortgage. This approach can potentially cost you thousands, if not tens of thousands of dollars! Because interest rate goes up and down; banks change their loan products and conditions from time to time; and your circumstances change over time as well. The ...
Apartments and Low Interest Rates…Should I Buy?
Should I buy an off-the-plan city apartment? Low interest rates! Over-supply of apartments! Apartment prices dropping! People losing their deposits! Valuations slightly under expectation. What do all these mean? Here we’ll let you in on the advice we are currently telling our clients - Stay away from off the plan city apartments. Bad News For City Apartments Investors If you’ve recently bought one of ...
5 Reasons Why You Should Use An Independent Mortgage Broker Rather Than A Bank Manager
When getting a home loan, first home buyers often make the mistake of walking into a bank branch and asking branch staff for assistance. Although it’s not considered the most smart move by many experienced property investors, this is actually quite natural considering you’re doing your everyday banking with them all these years and there seems to be no problem with them. However, have you ever wondered ...