Make Sense of Property Investment
If you don’t know your strata fees from your stamp duty obligations and struggle to understand the positives of negative gearing, don’t worry - you’re not alone!
Investing in property for the first time can be exciting, confusing and at times completely daunting.
Even if you have bought property as an owner occupier before, when you step up to the plate for the first time as an investor, you may find that the rules have changed somewhat.
It’s true that buying investment real estate involves different considerations than buying a place you plan on living in.
For example, if you plan to operate your purchase as a rental property, such things as rental yield, tenant demand and vacancy rates will likely be front of mind.
There are also specialised investment loans which can differ from standard home loans.
It all may seem like a lot to take in, but if you have your heart set on investing in property, you needn’t be intimidated.
By talking to an independent property finance expert, you can have all your investment questions answered and gain the confidence that comes with a practical understanding of this type of property purchase.
To get more detailed information on your situation, talk to a Loan Market mortgage broker today.