What most investors don't realise is that there is a lot more to investing than meets the eye. It's not just about buying a property to rent out. You have to have a pretty good plan in place first and know what your end game is. Then it's all about the right bank, the correct structure and a product that has the flexibility to enable you to invest again without any problems. You need to know when to accumulate and when to sit tight. It is so important to find a broker that has the expertise to partner with you long term.
Some things your broker should know:
Why you should avoid cross-securitising where possible.
Which lenders allow you to get cash out without controlling the funds.
What a Master limit is and how it works with investing.
How debt recycling works, and what the pros and cons are.
Which lenders have great post-settlement variation processes.
Which lenders allow you to sub-divide and construct a 2nd investment property.
Which lenders calculators are more generous for Investors with multiple loans using actual repayments instead of a buffer.
What happens when you hit the ceiling and can't borrow any more funds.
What happens when your Interest-only period runs out.
Some things to learn as an investor:
How to work out how much you need in retirement.
How many properties that you need to acquire to get there.
What are you aiming for? Rental return or growth on your investment?
How to research properly.
What is better, units, townhouses, or house and land?
Whether you should negatively or positively gear your properties.
Which is better? Residential or commercial? What are the pros and cons?
We can help you with all of this and more!
Book an initial consultation online and speak to an expert today.