Investment Property Loans
When starting out on your property investment journey, many borrowers jump into the transaction without taking into account the consequences. In particular, how different types of investment property loans could affect their monthly cash flow or budgeting for those unexpected costs which will crop up.
Further they structure themselves in a particular way which will prevent them from growing a property investment portfolio. This can be from the inexperience of the lender they consult with or from a lack of foresight into potential investment disasters.
Having spent many years in the banks and having worked with major property investment firms and marketers, we have developed a unique approach to analysing your investment strategies. A detailed analysis of your current financial situation and comparison with your investment proposition will allow you to make some sound decisions on building your property portfolio.
With terms like cross-collateralisation, quantity surveyors, rent splitting and land tax implications entering your vocabulary it is very important that you don’t get stuck with the wrong loan.
Our expertise in property investment comes from being investors ourselves. We often get asked” How many properties do you own?” as it will become very apparent that we will foresee the challenges facing you before you do.
To build a solid property portfolio, you must understand that you must maximise borrowing capacity across all available lenders. Your loan must put you in a better position to fund the next one otherwise you will get stuck.
We are also very experienced in unravelling the messes other investors have got themselves into once we have analysed their financial situation against their investment goals.
If we can give you one hint when applying for an investment loan, ask yourself when looking at your loan officer/ mortgage broker/ loan clerk, how many properties does this person have and how what advise are they offering you. You will be surprised by the how restrictive the loan they give you be.
Give us a call for a free mortgage review and we will give you an on the spot assessment of your capacity to invest and even give you a future borrowing position so you can shop for the next one.