HELPING YOU BUILD YOUR PROPERTY PORTFOLIO TO GROW YOUR WEALTH
TO BE A SUCCESSFUL PROPERTY INVESTOR, YOUR HOME LOAN NEEDS A STRATEGY TOO.
Many Australians buy investment properties to secure their financial futures. In fact, over 2 million Australians have them. They use an investment strategy called ‘leverage’ to help them build their portfolio. If you are paying off your home (or you own it), you can do it too!
An investment property in a good location will provide you with rental income to help you pay off your loan, give you tax benefits, plus it should increase in value over time. Good investment property locations tend to be in capital cities where there is high tenant demand. They are close to the CBD, shops, schools, public transport, essential services and entertainment facilities.
Just getting a property in a good location and the cheapest investment property loan rate isn’t enough to guarantee a good return. It’s crucial to structure your investment property loan effectively to maximise your returns. That’s where you need expert advice.
Our expert team at Wisebuy can help you to find an investment property loan that suits your financial situation and investment strategy. We’re up-to-date with all the latest lender information and investment property loan products, so you don’t have to be.
We arrange loans for our clients for a living. Investment property loans are one of our specialties.
How much can I borrow?
How much deposit do I need?
Different lenders will require different minimum deposits. Some will require a deposit of 20% of the value of the investment property you want to buy.
Others may be prepared to lend with a lower deposit. But the more deposit you have, the more your borrowing power will increase.
Can I use the equity I have in my home as a deposit?
Yes, and depending on how much equity you have, you may be able to use it for your entire investment property loan deposit.
For example, if your house is worth $800,000 and you have a home loan of $400,000, you could borrow up to 80% of the value of the house and release $240,000 in equity. This Equity could be used as your deposit for an investment property (or two).