INVESTING IN PROPERTY
YOU DON’T HAVE TO BE EARNING A FORTUNE TO BUY AN INVESTMENT PROPERTY.
You have probably heard of people using the equity in their home to help finance an investment property. You will need to get the appropriate financial advice about rental income, capital growth and negative gearing. The way you organise your finance can impact the growth of your investment. We will work with you (and your financial advisor if you like), to organize the loan that fits your investment needs.
GENERAL INVESTING QUESTIONS
What is negative gearing? Negative gearing is when the cost of borrowing is greater than the return from the investment property. Your financial advisor can explain how this can be offset against other income to save you money.
Many property investors chose interest only, because the cost of borrowing is clear. You make the decision about what is best to meet your personal financial goals.
Once we have a thorough understanding of your individual needs we can talk to you about the loan to suit your needs. A Professional Package product can work well for property investors because of its flexibility. They often have one fee for multiple loans, and a reduction in rate for larger borrowings.
It is possible to purchase property via your superfund, more and more people are choosing to invest this way. Your Clover financial planner can help you understand and see if this is the option for you.